| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $469M | $431M | $297M | 8.9% | 57.9% |
| Op. Income | -$11M | -$25M | -$42M | 56.9% | 74.3% |
| Gross Margin | 77.6% | 76.4% | 75.1% | 1.1pp | 2.5pp |
| Net Margin | -1.8% | -16.8% | -16.1% | 15.0pp | 14.3pp |
| EPS (Diluted) | $-0.04 | $-0.38 | $-0.26 | 88.7% | 83.5% |
| Free Cash Flow | $123M | $44M | $33M | 179.7% | 275.5% |
| Item | Amount |
|---|---|
| REVENUE | $469M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $364M |
| R&D Expenses | $85M |
| Selling & Marketing | $239M |
| General & Administrative | $50M |
| SG&A Expenses | $289M |
| Other Expenses | $0 |
| Operating Expenses | $375M |
| Cost & Expenses | $480M |
| OPERATING INCOME | -$11M |
| Interest Income | $6M |
| Interest Expense | $2M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $20M |
| EBIT | -$5M |
| EBITDA | $15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $82M |
| Deferred Income Tax | $264.0K |
| Other Non-Cash Items | $33M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$97M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$106M |
| NET CASH FROM FINANCING | -$113M |
| FREE CASH FLOW | $123M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $519M |
| Short-Term Investments | $262M |
| Net Receivables | $266M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $316M |
| Goodwill | $352M |
| Intangible Assets | $115M |
| Long-Term Investments | $95M |
| Tax Assets | $0 |
| Other Non-Current Assets | $308M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $15M |
| Short-Term Debt | $13M |
| Deferred Revenue | $830M |
| Other Current Liabilities | $130M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $743M |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $956M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.4B |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $243M |
| Minority Interest | $0 |
| TOTAL EQUITY | $243M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $947M |
| Net Debt | $428M |
