| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $121M | $126M | 3.6% | -0.2% |
| Op. Income | -$42M | -$40M | $6M | -4.7% | -850.4% |
| Gross Margin | 36.0% | 38.9% | 45.6% | -2.9pp | -9.6pp |
| Net Margin | -33.2% | -16.8% | 12.2% | -16.4pp | -45.4pp |
| EPS (Diluted) | $-1.70 | $-0.85 | $0.65 | -100.0% | -361.5% |
| Free Cash Flow | -$32M | -$23M | -$6M | -39.7% | -475.4% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $45M |
| R&D Expenses | $9M |
| Selling & Marketing | $16M |
| General & Administrative | $62M |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $87M |
| Cost & Expenses | $167M |
| OPERATING INCOME | -$42M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | -$2M |
| 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 | $17M |
| EBIT | -$42M |
| EBITDA | -$26M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$510.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $317M |
| Short-Term Investments | $199M |
| Net Receivables | $112M |
| Inventory | $23M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $682M |
| PP&E (Net) | $212M |
| Goodwill | $527M |
| Intangible Assets | $442M |
| Long-Term Investments | $236.0K |
| Tax Assets | -$236.0K |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $87M |
| Long-Term Debt | $532M |
| Deferred Revenue NC | $917.0K |
| Deferred Tax Liabilities | $55M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $674M |
| TOTAL LIABILITIES | $762M |
| Common Stock | $124.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$15M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$638.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $613M |
| Net Debt | $296M |
