In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Professional services | | | | | | 0.5 | 0.5 | 0.4 |
Software maintenance services | | | | | | 1.1 | 1.0 | 0.9 |
Software as a service | | | | | | | 0.5 | 0.3 |
Other | | | | | | 1.1 | 0.6 | 0.7 |
Total revenues [+] | 14.0 | 11.5 | 8.3 | 2.5 | 2.4 | 2.6 | 2.6 | 2.3 |
Services | | | | | | 0.5 | 0.5 | 0.4 |
Technology services | | | | | | | 0.5 | 0.3 |
Revenue growth [+] | 22.3% | 38.9% | 225.5% | 6.5% | -9.1% | 0.7% | 11.3% | 57.3% |
Professional services | | | | | | -10.2% | 31.4% | 164.3% |
Software maintenance services | | | | | | 9.9% | 5.0% | 8.8% |
Software as a service | | | | | | | 86.3% | 48.4% |
Cost of goods sold [+] | 5.1 | 4.5 | 3.3 | 0.6 | 0.7 | 0.8 | 1.1 | 0.8 |
Cost of technology services | | | | | | | 0.2 | 0.1 |
Maintenance and operations costs | | | | | | | 0.1 | 0.1 |
Gross profit | 8.9 | 6.9 | 5.0 | 2.0 | 1.6 | 1.9 | 1.5 | 1.5 |
Gross margin | 63.6% | 60.6% | 60.5% | 77.6% | 68.8% | 71.0% | 58.3% | 65.9% |
Selling, general and administrative [+] | 6.9 | 5.4 | 4.5 | 3.1 | 3.1 | 3.0 | 3.3 | 3.3 |
Sales and marketing | 2.0 | 1.4 | 1.0 | 1.0 | 1.0 | 0.8 | 1.1 | 0.8 |
General and administrative | 4.9 | 4.0 | 3.5 | 2.1 | 2.1 | 2.2 | 2.1 | 2.5 |
Other operating expenses | 0.1 | 0.1 | 1.6 | | | | -0.4 | -0.3 |
EBITDA [+] | 1.9 | 1.4 | -1.1 | -1.1 | -1.5 | -1.2 | -1.4 | -1.5 |
EBITDA growth | 38.1% | -224.8% | -3.5% | -21.9% | 26.1% | -14.5% | -12.0% | 12.4% |
EBITDA margin | 13.6% | 12.0% | -13.4% | -45.1% | -61.5% | -44.4% | -52.2% | -66.1% |
Depreciation | 0.3 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
EBITA | 1.6 | 1.2 | -1.2 | -1.2 | -1.5 | -1.2 | -1.4 | -1.6 |
EBITA margin | 11.6% | 10.3% | -14.9% | -45.5% | -61.9% | -44.8% | -52.7% | -66.6% |
Amortization of intangibles | 0.4 | 0.2 | 0.2 | | | | | |
EBIT [+] | 1.2 | 1.0 | -1.4 | -1.2 | -1.5 | -1.2 | -1.4 | -1.6 |
EBIT growth | 22.6% | -168.8% | 21.6% | -21.8% | 25.6% | -14.3% | -11.9% | 11.3% |
EBIT margin | 8.4% | 8.4% | -17.0% | -45.5% | -61.9% | -44.8% | -52.7% | -66.6% |
Non-recurring items | 0.4 | | 0.6 | | | | | |
Interest expense | 0.8 | 0.5 | 0.6 | 1.0 | 0.9 | 0.6 | 0.2 | 2.4 |
Interest expense | 0.8 | 0.5 | 0.6 | 1.0 | 0.9 | 0.6 | 0.2 | 2.4 |
Other income (expense), net [+] | | 0.8 | 0.3 | | | 0.4 | | |
Gain (loss) on debt retirement | | 0.8 | 0.3 | | | 0.4 | | |
Pre-tax income | 0.0 | 1.4 | -2.4 | -2.1 | -2.3 | -1.4 | -1.6 | -3.9 |
Income taxes | 0.0 | 0.0 | -0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 7.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | 0.0 | 1.4 | -2.2 | -2.1 | -2.3 | -1.4 | -1.6 | -3.9 |
Net margin | 0.2% | 11.8% | -26.7% | -84.1% | -98.3% | -52.1% | -60.6% | -167.8% |
|
Basic EPS [+] | $0.01 | $0.48 | ($0.91) | ($5.76) | ($6.60) | ($0.08) | ($0.09) | ($0.55) |
Growth | -98.7% | -152.6% | -84.1% | -12.7% | 8297.1% | -17.0% | -82.7% | 128.0% |
Diluted EPS [+] | $0.01 | $0.44 | ($0.91) | ($5.76) | ($6.60) | ($0.08) | ($0.09) | ($0.55) |
Growth | -98.7% | -147.8% | -84.1% | -12.7% | 8297.1% | -17.0% | -82.7% | 128.0% |
|
Shares outstanding (basic) [+] | 3.8 | 2.8 | 2.4 | 0.4 | 0.4 | 17.4 | 16.7 | 7.2 |
Growth | 33.5% | 17.3% | 550.0% | 4.4% | -98.0% | 4.3% | 132.8% | 4.3% |
Shares outstanding (diluted) [+] | 4.3 | 3.1 | 2.4 | 0.4 | 0.4 | 17.4 | 16.7 | 7.2 |
Growth | 38.4% | 29.0% | 550.0% | 4.4% | -98.0% | 4.3% | 132.8% | 4.3% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |