| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $27M | $10M | -35.4% | 77.4% |
| Op. Income | -$19M | -$18M | -$15M | -8.3% | -28.2% |
| Gross Margin | 32.8% | 36.8% | 58.2% | -4.0pp | -25.4pp |
| Net Margin | -90.2% | -41.8% | -188.8% | -48.3pp | 98.6pp |
| EPS (Diluted) | $-0.30 | $-0.22 | $-0.39 | -36.4% | 23.1% |
| Free Cash Flow | -$12M | -$32M | -$13M | 60.9% | 2.2% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $11M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$19M |
| Interest Income | $0 |
| Interest Expense | $57.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $45.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $9M |
| EBIT | -$19M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$22.0K |
| Acquisitions (Net) | -$813.0K |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$137.0K |
| NET CASH FROM FINANCING | -$137.0K |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $60M |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $103M |
| PP&E (Net) | $5M |
| Goodwill | $3M |
| Intangible Assets | $79M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $686.0K |
| TOTAL NON-CURRENT ASSETS | $99M |
| TOTAL ASSETS | $201M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $354M |
| Retained Earnings | -$206M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$455.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $147M |
| Minority Interest | $0 |
| TOTAL EQUITY | $147M |
| TOTAL LIABILITIES & EQUITY | $201M |
| Total Debt | $5M |
| Net Debt | -$18M |
