| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $369M | $339M | $252M | 8.9% | 46.5% |
| Op. Income | -$8M | -$15M | -$8M | 44.8% | -7.8% |
| Gross Margin | 80.6% | 79.5% | 81.2% | 1.1pp | -0.6pp |
| Net Margin | -4.4% | -4.0% | -6.1% | -0.4pp | 1.7pp |
| EPS (Diluted) | $-0.35 | $-0.29 | $-0.34 | -20.7% | -2.9% |
| Free Cash Flow | $76M | $27M | $45M | 185.1% | 68.0% |
| Item | Amount |
|---|---|
| REVENUE | $369M |
| Cost of Revenue | $72M |
| GROSS PROFIT | $298M |
| R&D Expenses | $83M |
| Selling & Marketing | $181M |
| General & Administrative | $42M |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $306M |
| Cost & Expenses | $378M |
| OPERATING INCOME | -$8M |
| Interest Income | $126.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $12M |
| EBIT | -$9M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $46M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $50M |
| OPERATING CASH FLOW | $95M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$450M |
| Sales/Maturities of Investments | $459M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $377M |
| Short-Term Investments | $821M |
| Net Receivables | $157M |
| Inventory | $0 |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $377M |
| Goodwill | $47M |
| Intangible Assets | $50M |
| Long-Term Investments | $175M |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $721M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $3M |
| Short-Term Debt | $20M |
| Deferred Revenue | $430M |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $617M |
| Long-Term Debt | $383M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $684M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$561M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $874M |
| Minority Interest | $0 |
| TOTAL EQUITY | $874M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $713M |
| Net Debt | $336M |
