| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $58M | $36M | 43.0% | 127.2% |
| Op. Income | -$43M | -$45M | -$20M | 3.3% | -110.6% |
| Gross Margin | 53.3% | 57.8% | 62.5% | -4.5pp | -9.2pp |
| Net Margin | -51.0% | -74.0% | -51.3% | 23.0pp | 0.2pp |
| EPS (Diluted) | $-0.34 | $-0.39 | $-0.22 | 12.8% | -54.5% |
| Free Cash Flow | -$24M | -$55M | -$10M | 55.4% | -140.5% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $44M |
| R&D Expenses | $17M |
| Selling & Marketing | $33M |
| General & Administrative | $17M |
| SG&A Expenses | $50M |
| Other Expenses | $20M |
| Operating Expenses | $87M |
| Cost & Expenses | $126M |
| OPERATING INCOME | -$43M |
| Interest Income | $923.9K |
| Interest Expense | $775.8K |
| Other Income/Expenses | $147.0K |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | -$936.0K |
| Net Income from Continuing Ops | -$42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$42M |
| D&A | $15M |
| EBIT | -$39M |
| EBITDA | -$23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$984.0K |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$362.0K |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $683.0K |
| NET CASH FROM INVESTING | -$910.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | $600M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | $575M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $815M |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $2M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $854M |
| PP&E (Net) | $30M |
| Goodwill | $972M |
| Intangible Assets | $234M |
| Long-Term Investments | $2M |
| Tax Assets | $170.0K |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $22M |
| Short-Term Debt | $5M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $113M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $171M |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $36M |
| Retained Earnings | -$638M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $55M |
| Net Debt | -$759M |
