| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | $137M | $121M | 5.9% | 19.1% |
| Op. Income | -$40M | -$35M | -$46M | -13.6% | 13.3% |
| Gross Margin | 57.8% | 55.8% | 52.6% | 2.0pp | 5.2pp |
| Net Margin | -31.1% | -29.4% | -41.2% | -1.7pp | 10.1pp |
| EPS (Diluted) | $-0.42 | $-0.38 | $-0.49 | -10.5% | 14.3% |
| Free Cash Flow | -$7M | -$9M | -$53M | 28.9% | 87.5% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $84M |
| R&D Expenses | $25M |
| Selling & Marketing | $71M |
| General & Administrative | $28M |
| SG&A Expenses | $98M |
| Other Expenses | $0 |
| Operating Expenses | $124M |
| Cost & Expenses | $185M |
| OPERATING INCOME | -$40M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | $177.0K |
| Net Income from Continuing Ops | -$45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$45M |
| D&A | $11M |
| EBIT | -$40M |
| EBITDA | -$29M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$45M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $799.0K |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$4.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $40M |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $277M |
| PP&E (Net) | $160M |
| Goodwill | $132M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $93M |
| TOTAL NON-CURRENT ASSETS | $402M |
| TOTAL ASSETS | $678M |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $308M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $397M |
| TOTAL LIABILITIES | $518M |
| Common Stock | $109.0K |
| Additional Paid-In Capital | $756M |
| Retained Earnings | -$591M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $161M |
| Minority Interest | $0 |
| TOTAL EQUITY | $161M |
| TOTAL LIABILITIES & EQUITY | $678M |
| Total Debt | $405M |
| Net Debt | $292M |
