| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $117M | $146M | $135M | -19.9% | -13.7% |
| Op. Income | -$7M | $10M | -$86M | -167.4% | 92.4% |
| Gross Margin | 35.7% | 37.8% | 37.1% | -2.0pp | -1.4pp |
| Net Margin | -5.1% | 5.0% | -63.5% | -10.2pp | 58.4pp |
| EPS (Diluted) | $-0.23 | $0.28 | $-3.39 | -182.1% | 93.2% |
| Free Cash Flow | $1M | $8M | -$75M | -86.0% | 101.5% |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $42M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $8M |
| Operating Expenses | $48M |
| Cost & Expenses | $123M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$2M |
| 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 | -$11M |
| D&A | $8M |
| EBIT | -$6M |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $921.0K |
| Deferred Income Tax | $175.0K |
| Other Non-Cash Items | -$115.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$93M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $56.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $137M |
| Inventory | $88M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $274M |
| PP&E (Net) | $87M |
| Goodwill | $348M |
| Intangible Assets | $263M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $709M |
| TOTAL ASSETS | $983M |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $63M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $197M |
| Long-Term Debt | $108M |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $200M |
| TOTAL LIABILITIES | $397M |
| Common Stock | $4M |
| Additional Paid-In Capital | $604M |
| Retained Earnings | $319M |
| Treasury Stock | -$442M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $586M |
| Minority Interest | $0 |
| TOTAL EQUITY | $586M |
| TOTAL LIABILITIES & EQUITY | $983M |
| Total Debt | $161M |
| Net Debt | $130M |
