| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $312M | $296M | $248M | 5.4% | 25.9% |
| Op. Income | -$36M | $45M | $72M | -181.6% | -150.6% |
| Gross Margin | 98.7% | 98.6% | 98.8% | 0.1pp | -0.1pp |
| Net Margin | -2.3% | 7.6% | 140.3% | -9.9pp | -142.7pp |
| EPS (Diluted) | $-0.08 | $0.23 | $3.58 | -133.4% | -102.1% |
| Free Cash Flow | -$5M | $56M | $84M | -108.4% | -105.6% |
| Item | Amount |
|---|---|
| REVENUE | $312M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $308M |
| R&D Expenses | $87M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $157M |
| Other Expenses | $100M |
| Operating Expenses | $344M |
| Cost & Expenses | $348M |
| OPERATING INCOME | -$36M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $3M |
| EBIT | -$7M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$141M |
| Sales/Maturities of Investments | $174M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $341M |
| Short-Term Investments | $371M |
| Net Receivables | $186M |
| Inventory | $31M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $973M |
| PP&E (Net) | $156M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $624M |
| Tax Assets | $315M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $52M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $133M |
| TOTAL CURRENT LIABILITIES | $246M |
| Long-Term Debt | $335M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $453M |
| TOTAL LIABILITIES | $699M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$636M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $440M |
| Net Debt | $100M |
