| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $505M | $475M | $442M | 6.3% | 14.3% |
| Op. Income | -$81M | -$48M | $5M | -68.8% | -1720.0% |
| Gross Margin | 65.1% | 68.1% | 65.5% | -3.0pp | -0.3pp |
| Net Margin | -16.2% | -8.7% | 1.1% | -7.5pp | -17.4pp |
| EPS (Diluted) | $-1.15 | $-0.61 | $0.08 | -88.5% | -1570.6% |
| Free Cash Flow | $24M | -$63M | -$46M | 138.1% | 152.7% |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $176M |
| GROSS PROFIT | $329M |
| R&D Expenses | $114M |
| Selling & Marketing | $149M |
| General & Administrative | $76M |
| SG&A Expenses | $225M |
| Other Expenses | $71M |
| Operating Expenses | $410M |
| Cost & Expenses | $586M |
| OPERATING INCOME | -$81M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$81M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$82M |
| D&A | $6M |
| EBIT | -$81M |
| EBITDA | -$75M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$82M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $93M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$56M |
| Sales/Maturities of Investments | $91M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $55M |
| NET CASH FROM FINANCING | $90M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $151M |
