| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $300M | $243M | $179M | 23.3% | 67.9% |
| Op. Income | $4M | -$226M | -$14M | 101.9% | 130.9% |
| Gross Margin | 51.8% | 58.5% | 57.6% | -6.7pp | -5.8pp |
| Net Margin | 6.1% | -97.8% | -7.4% | 103.9pp | 13.5pp |
| EPS (Diluted) | $0.06 | $-0.76 | $-0.05 | 108.4% | 230.0% |
| Free Cash Flow | -$101M | $12M | -$29M | -952.0% | -248.8% |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $155M |
| R&D Expenses | $0 |
| Selling & Marketing | $96M |
| General & Administrative | $52M |
| SG&A Expenses | $147M |
| Other Expenses | $4M |
| Operating Expenses | $151M |
| Cost & Expenses | $296M |
| OPERATING INCOME | $4M |
| Interest Income | $395.3K |
| Interest Expense | $2M |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $5M |
| EBIT | $4M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $155M |
| R&D Expenses | $0 |
| Selling & Marketing | $96M |
| General & Administrative | $52M |
| SG&A Expenses | $147M |
| Other Expenses | $4M |
| Operating Expenses | $151M |
| Cost & Expenses | $296M |
| OPERATING INCOME | $4M |
| Interest Income | $395.3K |
| Interest Expense | $2M |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $5M |
| EBIT | $4M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | -$97M |
| OPERATING CASH FLOW | -$80M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$101M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $797M |
| Short-Term Investments | $47M |
| Net Receivables | $166M |
| Inventory | $207M |
| Other Current Assets | $75M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $289M |
| Goodwill | $0 |
| Intangible Assets | $73M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $367M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $54M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $248M |
| TOTAL CURRENT LIABILITIES | $302M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $239M |
| TOTAL LIABILITIES | $541M |
| Common Stock | $43M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$237M |
| Treasury Stock | -$33M |
| Accum. Other Comp. Income | $1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $215M |
| Net Debt | -$582M |
