| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $396M | $369M | $281M | 7.1% | 40.6% |
| Op. Income | -$11M | -$8M | -$15M | -35.4% | 25.8% |
| Gross Margin | 81.6% | 80.6% | 80.5% | 1.0pp | 1.0pp |
| Net Margin | -2.4% | -4.4% | -8.2% | 2.1pp | 5.9pp |
| EPS (Diluted) | $-0.20 | $-0.35 | $-0.50 | 42.9% | 60.0% |
| Free Cash Flow | $63M | $76M | $51M | -18.1% | 21.7% |
| Item | Amount |
|---|---|
| REVENUE | $396M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $323M |
| R&D Expenses | $93M |
| Selling & Marketing | $197M |
| General & Administrative | $44M |
| SG&A Expenses | $241M |
| Other Expenses | $0 |
| Operating Expenses | $334M |
| Cost & Expenses | $407M |
| OPERATING INCOME | -$11M |
| Interest Income | $515.0K |
| Interest Expense | $950.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $13M |
| EBIT | -$7M |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $46M |
| Deferred Income Tax | -$246.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$441M |
| Sales/Maturities of Investments | $405M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $408M |
| Short-Term Investments | $826M |
| Net Receivables | $153M |
| Inventory | $0 |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $379M |
| Goodwill | $47M |
| Intangible Assets | $54M |
| Long-Term Investments | $195M |
| Tax Assets | $0 |
| Other Non-Current Assets | $87M |
| TOTAL NON-CURRENT ASSETS | $762M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $8M |
| Short-Term Debt | $19M |
| Deferred Revenue | $458M |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $662M |
| Long-Term Debt | $453M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $757M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $48.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$539M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $834M |
| Minority Interest | $0 |
| TOTAL EQUITY | $834M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $781M |
| Net Debt | $373M |
