| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | $145M | $122M | 2.5% | 21.8% |
| Op. Income | -$39M | -$40M | -$38M | 3.0% | -2.8% |
| Gross Margin | 59.7% | 57.8% | 57.2% | 1.9pp | 2.5pp |
| Net Margin | -29.6% | -31.1% | -34.4% | 1.5pp | 4.8pp |
| EPS (Diluted) | $-0.40 | $-0.42 | $-0.40 | 4.8% | 0.0% |
| Free Cash Flow | -$3M | -$7M | -$21M | 48.7% | 83.5% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $89M |
| R&D Expenses | $25M |
| Selling & Marketing | $76M |
| General & Administrative | $26M |
| SG&A Expenses | $102M |
| Other Expenses | $0 |
| Operating Expenses | $127M |
| Cost & Expenses | $187M |
| OPERATING INCOME | -$39M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | $256.0K |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $11M |
| EBIT | -$39M |
| EBITDA | -$27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$44M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$4.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $31M |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $76M |
| TOTAL CURRENT ASSETS | $266M |
| PP&E (Net) | $154M |
| Goodwill | $132M |
| Intangible Assets | $16M |
| Long-Term Investments | $13M |
| Tax Assets | $0 |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $409M |
| TOTAL ASSETS | $676M |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $22M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $313M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $398M |
| TOTAL LIABILITIES | $519M |
| Common Stock | $111.0K |
| Additional Paid-In Capital | $796M |
| Retained Earnings | -$635M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $157M |
| Minority Interest | $0 |
| TOTAL EQUITY | $157M |
| TOTAL LIABILITIES & EQUITY | $676M |
| Total Debt | $405M |
| Net Debt | $296M |
