| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $231M | $157M | — | 47.5% | — |
| Op. Income | -$110M | -$103M | — | -6.5% | — |
| Gross Margin | -1.4% | -0.6% | — | -0.8pp | — |
| Net Margin | -48.5% | -67.6% | — | 19.1pp | — |
| EPS (Diluted) | $-0.76 | $-0.74 | — | -2.7% | — |
| Free Cash Flow | -$51M | -$57M | — | 11.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $231M |
| Cost of Revenue | $234M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $14M |
| Selling & Marketing | $48M |
| General & Administrative | $34M |
| SG&A Expenses | $83M |
| Other Expenses | $10M |
| Operating Expenses | $107M |
| Cost & Expenses | $341M |
| OPERATING INCOME | -$110M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$113M |
| Income Tax Expense | -$948.0K |
| Net Income from Continuing Ops | -$112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$112M |
| D&A | $11M |
| EBIT | -$105M |
| EBITDA | -$94M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$112M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$948.0K |
| Other Non-Cash Items | -$404.0K |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | -$50M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $71M |
| FREE CASH FLOW | -$51M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $371M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $429M |
| PP&E (Net) | $40M |
| Goodwill | $620M |
| Intangible Assets | $204M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $78M |
| TOTAL NON-CURRENT ASSETS | $941M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $56M |
| Short-Term Debt | $9M |
| Deferred Revenue | $44M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $337M |
| Long-Term Debt | $316M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $362M |
| TOTAL LIABILITIES | $699M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $172.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $682M |
| Minority Interest | -$11M |
| TOTAL EQUITY | $671M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $361M |
| Net Debt | -$10M |
