| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $98M | $87M | $83M | 12.7% | 18.2% |
| Op. Income | -$57M | -$55M | -$57M | -3.1% | 1.2% |
| Gross Margin | 50.9% | 52.4% | 59.2% | -1.5pp | -8.2pp |
| Net Margin | -58.9% | -64.8% | -55.3% | 5.9pp | -3.6pp |
| EPS (Diluted) | $-0.49 | $-0.48 | $-0.40 | -2.1% | -22.5% |
| Free Cash Flow | -$15M | -$31M | -$38M | 52.1% | 61.8% |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $50M |
| R&D Expenses | $35M |
| Selling & Marketing | $42M |
| General & Administrative | $29M |
| SG&A Expenses | $71M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $154M |
| OPERATING INCOME | -$57M |
| Interest Income | $552.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$840.0K |
| INCOME BEFORE TAX | -$57M |
| Income Tax Expense | $25.0K |
| Net Income from Continuing Ops | -$58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$58M |
| D&A | $20M |
| EBIT | -$56M |
| EBITDA | -$35M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$58M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$151M |
| Sales/Maturities of Investments | $48M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$111M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$116M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $166M |
| Short-Term Investments | $362M |
| Net Receivables | $65M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $625M |
| PP&E (Net) | $237M |
| Goodwill | $637M |
| Intangible Assets | $103M |
| Long-Term Investments | $529M |
| Tax Assets | $0 |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $132M |
| Long-Term Debt | $933M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$511M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $1.1B |
| Net Debt | $886M |
