| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $102M | $98M | $85M | 4.8% | 20.7% |
| Op. Income | -$63M | -$57M | -$50M | -11.2% | -26.1% |
| Gross Margin | 47.3% | 50.9% | 55.8% | -3.6pp | -8.5pp |
| Net Margin | -62.8% | -58.9% | -59.7% | -3.9pp | -3.0pp |
| EPS (Diluted) | $-0.54 | $-0.49 | $-0.44 | -10.2% | -22.7% |
| Free Cash Flow | -$19M | -$15M | -$20M | -32.5% | 2.8% |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $48M |
| R&D Expenses | $40M |
| Selling & Marketing | $41M |
| General & Administrative | $30M |
| SG&A Expenses | $71M |
| Other Expenses | $0 |
| Operating Expenses | $111M |
| Cost & Expenses | $165M |
| OPERATING INCOME | -$63M |
| Interest Income | $681.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$64M |
| Income Tax Expense | $40.0K |
| Net Income from Continuing Ops | -$64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$64M |
| D&A | $15M |
| EBIT | -$63M |
| EBITDA | -$47M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$64M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$775.0K |
| Purchases of Investments | -$148M |
| Sales/Maturities of Investments | $243M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $88M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | $80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $246M |
| Short-Term Investments | $394M |
| Net Receivables | $74M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $737M |
| PP&E (Net) | $238M |
| Goodwill | $638M |
| Intangible Assets | $97M |
| Long-Term Investments | $394M |
| Tax Assets | $0 |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $140M |
| Long-Term Debt | $934M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$575M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $977M |
| Minority Interest | $0 |
| TOTAL EQUITY | $977M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.1B |
| Net Debt | $815M |
