| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $174M | $154M | $128M | 12.5% | 35.7% |
| Op. Income | -$12M | -$19M | $3M | 36.9% | -549.5% |
| Gross Margin | 54.1% | 56.5% | 59.9% | -2.4pp | -5.9pp |
| Net Margin | -2.1% | -13.3% | -5.6% | 11.2pp | 3.6pp |
| EPS (Diluted) | $-0.05 | $-0.30 | $-0.11 | 82.4% | 52.0% |
| Free Cash Flow | -$6M | -$14M | $9M | 59.4% | -160.2% |
| Item | Amount |
|---|---|
| REVENUE | $174M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $94M |
| R&D Expenses | $30M |
| Selling & Marketing | $53M |
| General & Administrative | $22M |
| SG&A Expenses | $75M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $186M |
| OPERATING INCOME | -$12M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $13M |
| EBIT | -$12M |
| EBITDA | $769.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$137M |
| Sales/Maturities of Investments | $150M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$747.0K |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $379M |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $617M |
| PP&E (Net) | $126M |
| Goodwill | $165M |
| Intangible Assets | $40M |
| Long-Term Investments | $147M |
| Tax Assets | $7M |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $576M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $44M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $158M |
| Long-Term Debt | $769M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $824M |
| TOTAL LIABILITIES | $982M |
| Common Stock | $68.0K |
| Additional Paid-In Capital | $440M |
| Retained Earnings | -$228M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$287.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $211M |
| Minority Interest | $0 |
| TOTAL EQUITY | $211M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $826M |
| Net Debt | $735M |
