| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $45M | $30M | 8.7% | 64.3% |
| Op. Income | -$21M | -$37M | -$5M | 41.6% | -320.0% |
| Gross Margin | 68.9% | 69.3% | 69.4% | -0.4pp | -0.5pp |
| Net Margin | -44.3% | -80.4% | -17.9% | 36.1pp | -26.5pp |
| EPS (Diluted) | $-0.20 | $-0.35 | $-0.05 | 42.9% | -269.7% |
| Free Cash Flow | -$12M | -$16M | -$4M | 22.4% | -222.5% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $34M |
| R&D Expenses | $14M |
| Selling & Marketing | $27M |
| General & Administrative | $14M |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $71M |
| OPERATING INCOME | -$21M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $52.0K |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $469.0K |
| 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 | $883.0K |
| EBIT | -$21M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $883.0K |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $34.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$568.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $845.0K |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $307M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $355M |
| PP&E (Net) | $5M |
| Goodwill | $4M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $45M |
| TOTAL ASSETS | $400M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $69M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $94M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $486M |
| Retained Earnings | -$180M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $307M |
| Minority Interest | $0 |
| TOTAL EQUITY | $307M |
| TOTAL LIABILITIES & EQUITY | $400M |
| Total Debt | $0 |
| Net Debt | -$307M |
