| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $195M | $75M | $169M | 160.1% | 15.6% |
| Op. Income | -$399M | -$91M | -$18M | -336.5% | -2105.3% |
| Gross Margin | 99.4% | 99.2% | 9.0% | 0.2pp | 90.4pp |
| Net Margin | 9.8% | -100.7% | -40.1% | 110.4pp | 49.9pp |
| EPS (Diluted) | $0.29 | $-1.16 | $-1.03 | 125.3% | 128.4% |
| Free Cash Flow | -$218M | -$178M | -$97M | -22.1% | -124.1% |
| Item | Amount |
|---|---|
| REVENUE | $195M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $194M |
| R&D Expenses | $133M |
| Selling & Marketing | $27M |
| General & Administrative | -$9M |
| SG&A Expenses | $19M |
| Other Expenses | $442M |
| Operating Expenses | $593M |
| Cost & Expenses | $594M |
| OPERATING INCOME | -$399M |
| Interest Income | $0 |
| Interest Expense | $58M |
| Other Income/Expenses | $421M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $7M |
| EBIT | $75M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$212M |
| OPERATING CASH FLOW | -$191M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$767M |
| Sales/Maturities of Investments | $265M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$528M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $675.8K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$218M |
| Net Change in Cash | -$703M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $2.9B |
| Net Receivables | $150M |
| Inventory | $24M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $161M |
| Goodwill | $0 |
| Intangible Assets | $70M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $152M |
| TOTAL NON-CURRENT ASSETS | $387M |
| TOTAL ASSETS | $6.1B |
| Account Payables | $157M |
| Short-Term Debt | $0 |
| Deferred Revenue | $491M |
| Other Current Liabilities | $238.5K |
| TOTAL CURRENT LIABILITIES | $662M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2.3B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $341M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$429M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $31M |
| Net Debt | -$2.6B |
