| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $83M | $50M | 15.1% | 90.5% |
| Op. Income | -$32M | -$29M | -$62M | -8.2% | 48.8% |
| Gross Margin | 87.7% | 87.7% | 86.7% | -0.0pp | 1.0pp |
| Net Margin | -34.1% | -34.7% | -125.4% | 0.6pp | 91.2pp |
| EPS (Diluted) | $-0.73 | $-0.65 | $-1.62 | -12.3% | 54.9% |
| Free Cash Flow | $10M | $180.0K | -$13M | 5516.7% | 176.5% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $84M |
| R&D Expenses | $22M |
| Selling & Marketing | $77M |
| General & Administrative | $17M |
| SG&A Expenses | $93M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $127M |
| OPERATING INCOME | -$32M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $147.0K |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $963.0K |
| EBIT | -$31M |
| EBITDA | -$30M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $963.0K |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10.0K |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$327.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$19.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $396.0K |
| NET CASH FROM FINANCING | $377.0K |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $887M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $913M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $100.0K |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $933M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $137M |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $228M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $230M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$446M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $594.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $703M |
| Minority Interest | $0 |
| TOTAL EQUITY | $703M |
| TOTAL LIABILITIES & EQUITY | $933M |
| Total Debt | $84.0K |
| Net Debt | -$887M |
