| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $49M | $33M | 7.4% | 60.3% |
| Op. Income | -$22M | -$21M | -$6M | -2.4% | -257.6% |
| Gross Margin | 69.7% | 68.9% | 69.0% | 0.9pp | 0.7pp |
| Net Margin | -41.9% | -44.3% | -19.4% | 2.4pp | -22.4pp |
| EPS (Diluted) | $-0.20 | $-0.20 | $-0.06 | 0.0% | -208.6% |
| Free Cash Flow | -$10M | -$12M | -$1M | 21.6% | -778.0% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $37M |
| R&D Expenses | $17M |
| Selling & Marketing | $28M |
| General & Administrative | $14M |
| SG&A Expenses | $42M |
| Other Expenses | $86.0K |
| Operating Expenses | $59M |
| Cost & Expenses | $75M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $86.0K |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $315.0K |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $901.0K |
| EBIT | -$22M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $901.0K |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $927.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$594.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $300M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $354M |
| PP&E (Net) | $18M |
| Goodwill | $4M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $414M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $75M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $111M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $505M |
| Retained Earnings | -$202M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $303M |
| Minority Interest | $0 |
| TOTAL EQUITY | $303M |
| TOTAL LIABILITIES & EQUITY | $414M |
| Total Debt | $13M |
| Net Debt | -$287M |
