| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $117M | $126M | $116M | -6.8% | 1.4% |
| Op. Income | -$52M | -$42M | -$15M | -25.2% | -244.4% |
| Gross Margin | 32.6% | 36.0% | 36.0% | -3.4pp | -3.4pp |
| Net Margin | -42.2% | -33.2% | -19.1% | -9.0pp | -23.0pp |
| EPS (Diluted) | $-2.00 | $-1.70 | $-0.95 | -17.6% | -110.5% |
| Free Cash Flow | -$37M | -$32M | -$14M | -17.3% | -173.5% |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $38M |
| R&D Expenses | $13M |
| Selling & Marketing | $16M |
| General & Administrative | $60M |
| SG&A Expenses | $77M |
| Other Expenses | $1M |
| Operating Expenses | $90M |
| Cost & Expenses | $169M |
| OPERATING INCOME | -$52M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$53M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$49M |
| D&A | $17M |
| EBIT | -$46M |
| EBITDA | -$29M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$49M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | -$346.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $306M |
| Short-Term Investments | $176M |
| Net Receivables | $113M |
| Inventory | $24M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $651M |
| PP&E (Net) | $211M |
| Goodwill | $527M |
| Intangible Assets | $434M |
| Long-Term Investments | $261.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $20M |
| Short-Term Debt | $7M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $533M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $52M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $672M |
| TOTAL LIABILITIES | $755M |
| Common Stock | $125.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$64M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $613M |
| Net Debt | $307M |
