| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $414M | $411M | $422M | 0.7% | -1.9% |
| Op. Income | -$113M | $18M | $18M | -716.2% | -737.8% |
| Gross Margin | 30.0% | 34.0% | 29.9% | -3.9pp | 0.2pp |
| Net Margin | -30.5% | 0.5% | -2.3% | -31.0pp | -28.2pp |
| EPS (Diluted) | $-0.67 | $0.01 | $-0.07 | -6800.0% | -879.5% |
| Free Cash Flow | -$39M | $32M | -$5M | -224.1% | -755.5% |
| Item | Amount |
|---|---|
| REVENUE | $414M |
| Cost of Revenue | $290M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $107M |
| SG&A Expenses | $107M |
| Other Expenses | $131M |
| Operating Expenses | $237M |
| Cost & Expenses | $527M |
| OPERATING INCOME | -$113M |
| Interest Income | $71.0K |
| Interest Expense | $15M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$122M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$126M |
| D&A | $9M |
| EBIT | -$107M |
| EBITDA | -$98M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$126M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $474.0K |
| Other Non-Cash Items | $111M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$564M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$568M |
| Net Debt Issuance | $513M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $511M |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $225M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $279M |
| PP&E (Net) | $83M |
| Goodwill | $1.8B |
| Intangible Assets | $103M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $53M |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $174M |
| TOTAL CURRENT LIABILITIES | $345M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$575M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $638M |
| Minority Interest | $0 |
| TOTAL EQUITY | $638M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.3B |
| Net Debt | $1.3B |
