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In millions, except per share items | Dec-31-22 | Dec-05-22 | Dec-31-21 | Dec-05-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-05-18 |
| 10-K | 8-K | 10-K | 8-K | 10-K | 10-K | 10-K | 8-K |
Revenues: |
United States | 15.9 | | 18.8 | | 22.4 | 36.7 | 40.9 | |
Subscriptions | 12.7 | | 15.6 | | 20.6 | 36.7 | 54.5 | |
Strategic Agreements | 7.3 | | 8.8 | | 9.4 | 12.3 | 4.1 | |
Google | | | | | | 12.2 | 2.9 | |
Total revenues | 20.0 | 20.0 | 24.4 | 24.4 | 30.0 | 49.0 | 58.6 | 58.6 |
Revenue growth [+] | -18.0% | -18.0% | -18.6% | | -38.9% | -16.4% | -21.8% | -21.8% |
United States | -15.7% | | -16.0% | | -39.0% | -10.2% | | |
Subscriptions | -18.7% | | -23.9% | | -44.0% | -32.7% | | |
Strategic Agreements | -16.8% | | -6.9% | | -23.6% | 200.9% | | |
Google | | | | | | 316.1% | | |
Other | -31.7% | | -25.0% | | -46.3% | -32.1% | | |
Cost of goods sold | 12.8 | 12.8 | 12.9 | 12.9 | 17.9 | 22.8 | 27.2 | 27.2 |
Gross profit | 7.2 | 7.2 | 11.5 | 11.5 | 12.0 | 26.2 | 31.5 | 31.5 |
Gross margin | 36.1% | 36.1% | 47.2% | 47.2% | 40.1% | 53.4% | 53.7% | 53.7% |
Selling, general and administrative [+] | 7.0 | 17.4 | 5.5 | 14.8 | 7.0 | 26.3 | 36.5 | 36.5 |
Sales and marketing | 7.0 | 7.0 | 5.5 | 5.5 | 7.0 | 15.8 | 23.4 | 23.4 |
General and administrative | | 10.4 | | 9.3 | | 10.4 | 13.1 | 13.1 |
Research and development | | 11.8 | | 10.8 | | 17.8 | 22.5 | 22.5 |
Other operating expenses | 9.4 | | 7.2 | | 3.4 | -6.9 | -2.5 | |
Adjusted EBITDA | | | | | | -6.5 | -18.3 | |
Adjusted EBITDA margin | | | | | | -13.2% | -31.3% | |
Stock-based compensation | | | | | | 2.7 | 4.0 | |
EBITDA [+] | -6.9 | -21.6 | 2.0 | -13.2 | 6.6 | -9.1 | -22.3 | -22.3 |
EBITDA growth | -442.3% | 63.2% | -69.1% | | -171.9% | -59.1% | 37.8% | 12.3% |
EBITDA margin | -34.7% | -107.7% | 8.3% | -54.1% | 21.9% | -18.6% | -38.1% | -38.1% |
Depreciation | 2.3 | 0.4 | 3.2 | 0.9 | 4.8 | 1.9 | 2.7 | 2.7 |
EBITA | -9.2 | -22.0 | -1.2 | -14.1 | 1.7 | -11.1 | -25.0 | -25.0 |
EBITA margin | -46.0% | -109.9% | -4.8% | -57.6% | 5.8% | -22.5% | -42.6% | -42.6% |
Amortization of intangibles | | | | | 0.1 | 1.8 | 2.5 | 2.5 |
EBIT [+] | -9.2 | -22.0 | -1.2 | -14.1 | 1.7 | -12.9 | -27.5 | -27.5 |
EBIT growth | 682.2% | 56.5% | -171.3% | | -112.8% | -53.2% | 0.1% | 0.1% |
EBIT margin | -46.0% | -109.9% | -4.8% | -57.6% | 5.5% | -26.2% | -46.9% | -46.9% |
Non-recurring items [+] | | | | | | 7.0 | 14.7 | 14.7 |
Asset impairment | | | | | | 1.9 | 14.7 | 14.7 |
Loss (gain) on disposal of assets | | | | | | 5.1 | | |
Interest expense | | | | | | | | |
Interest expense | | | 0.0 | | 0.0 | | | |
Other income (expense), net | -8.7 | 4.1 | -11.9 | 1.0 | -16.4 | 7.3 | 1.6 | 1.6 |
Pre-tax income | -17.9 | -17.9 | -13.1 | -13.1 | -14.8 | -12.5 | -40.7 | -40.7 |
Income taxes | 0.3 | 0.3 | -0.1 | -0.1 | -0.7 | -0.1 | 0.6 | 1.0 |
Tax rate | | | 1.0% | 1.0% | 4.8% | 1.0% | | |
Net income | -18.2 | -18.2 | -12.9 | -12.9 | -14.1 | -12.4 | -41.2 | -41.7 |
Net margin | -91.0% | -91.0% | -53.0% | -53.0% | -46.9% | -25.3% | -70.3% | -71.1% |
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Basic EPS [+] | ($1.15) | ($1.15) | ($1.01) | ($1.01) | ($1.91) | ($1.95) | ($7.13) | ($7.21) |
Growth | 13.8% | 13.8% | -47.3% | | -1.7% | -72.7% | 27.7% | 29.0% |
Diluted EPS [+] | ($1.15) | ($1.15) | ($1.01) | ($1.01) | ($1.91) | ($1.95) | ($7.13) | ($7.21) |
Growth | 13.8% | 13.8% | -47.3% | | -1.7% | -72.7% | 27.7% | 29.0% |
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Shares outstanding (basic) [+] | 15.9 | 15.9 | 12.8 | 12.8 | 7.3 | 6.4 | 5.8 | 5.8 |
Growth | 23.7% | 23.7% | 74.9% | | 15.2% | 10.2% | 2.6% | 2.6% |
Shares outstanding (diluted) [+] | 15.9 | 15.9 | 12.8 | 12.8 | 7.3 | 6.4 | 5.8 | 5.8 |
Growth | 23.7% | 23.7% | 74.9% | | 15.2% | 10.2% | 2.6% | 2.6% |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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