| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $242M | $222M | $153M | 8.7% | 57.7% |
| Op. Income | $32M | $24M | $28M | 33.9% | 15.7% |
| Gross Margin | 81.8% | 81.8% | 81.7% | -0.0pp | 0.1pp |
| Net Margin | 2.6% | 65.2% | 2.1% | -62.6pp | 0.5pp |
| EPS (Diluted) | $0.02 | $0.36 | $0.02 | -94.4% | 0.0% |
| Free Cash Flow | $98M | $64M | $88M | 55.0% | 11.4% |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $198M |
| R&D Expenses | $46M |
| Selling & Marketing | $84M |
| General & Administrative | $28M |
| SG&A Expenses | $112M |
| Other Expenses | $8M |
| Operating Expenses | $165M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $20M |
| EBIT | $31M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $198M |
| R&D Expenses | $46M |
| Selling & Marketing | $84M |
| General & Administrative | $28M |
| SG&A Expenses | $112M |
| Other Expenses | $8M |
| Operating Expenses | $165M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $20M |
| EBIT | $31M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | $86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $394M |
| Short-Term Investments | $12M |
| Net Receivables | $177M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $617M |
| PP&E (Net) | $104M |
| Goodwill | $1.6B |
| Intangible Assets | $415M |
| Long-Term Investments | $0 |
| Tax Assets | $4.1B |
| Other Non-Current Assets | $116M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $6.9B |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $404M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $516M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $3.1B |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $119M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $1.3B |
| Net Debt | $908M |
