| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $54M | $43M | 10.3% | 38.8% |
| Op. Income | -$17M | -$18M | -$7M | 2.0% | -166.2% |
| Gross Margin | 77.8% | 78.0% | 80.8% | -0.2pp | -3.0pp |
| Net Margin | -38.3% | -38.1% | -8.7% | -0.2pp | -29.6pp |
| EPS (Diluted) | $-0.23 | $-0.21 | $-0.04 | -9.5% | -466.5% |
| Free Cash Flow | $17M | -$19M | $12M | 189.1% | 39.6% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $46M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $77M |
| OPERATING INCOME | -$17M |
| Interest Income | $18.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $103.0K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $5M |
| EBIT | -$23M |
| EBITDA | -$17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $461.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $353M |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $499M |
| PP&E (Net) | $33M |
| Goodwill | $248M |
| Intangible Assets | $48M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $354M |
| TOTAL ASSETS | $853M |
| Account Payables | $11M |
| Short-Term Debt | $7M |
| Deferred Revenue | $129M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $175M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$19M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $214M |
| Common Stock | $272.0K |
| Additional Paid-In Capital | $777M |
| Retained Earnings | -$139M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $611.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $639M |
| Minority Interest | $0 |
| TOTAL EQUITY | $639M |
| TOTAL LIABILITIES & EQUITY | $853M |
| Total Debt | $47M |
| Net Debt | -$21M |
