| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $202M | $207M | $198M | -2.5% | 1.9% |
| Op. Income | $5M | $26M | $17M | -79.5% | -68.0% |
| Gross Margin | 72.8% | 73.1% | 64.0% | -0.4pp | 8.7pp |
| Net Margin | 2.8% | 11.7% | -32.9% | -8.9pp | 35.7pp |
| EPS (Diluted) | $0.04 | $0.15 | $-0.49 | -71.3% | 108.8% |
| Free Cash Flow | $51M | $38M | $55M | 33.7% | -7.5% |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $147M |
| R&D Expenses | $52M |
| Selling & Marketing | $42M |
| General & Administrative | $47M |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $142M |
| Cost & Expenses | $197M |
| OPERATING INCOME | $5M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $22M |
| EBIT | $12M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $147M |
| R&D Expenses | $52M |
| Selling & Marketing | $42M |
| General & Administrative | $47M |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $142M |
| Cost & Expenses | $197M |
| OPERATING INCOME | $5M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $22M |
| EBIT | $12M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$746.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | -$401M |
| Purchases of Investments | -$273M |
| Sales/Maturities of Investments | $342M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$363M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$300M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$307M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | -$586M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $268M |
| Short-Term Investments | $915M |
| Net Receivables | $20M |
| Inventory | $29M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $217M |
| Goodwill | $641M |
| Intangible Assets | $103M |
| Long-Term Investments | $435M |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $60M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $155M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $127.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$331M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $809M |
| Minority Interest | $0 |
| TOTAL EQUITY | $809M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $1.7B |
| Net Debt | $1.4B |
