| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $186M | $208M | $113M | -10.4% | 64.6% |
| Op. Income | -$236M | $15M | -$45M | -1717.4% | -425.9% |
| Gross Margin | 73.7% | 90.3% | 87.9% | -16.6pp | -14.3pp |
| Net Margin | -128.7% | 12.6% | -46.7% | -141.3pp | -82.0pp |
| EPS (Diluted) | $-0.46 | $0.05 | $-0.11 | -1016.3% | -318.2% |
| Free Cash Flow | -$20M | $16M | -$25M | -226.0% | 18.1% |
| Item | Amount |
|---|---|
| REVENUE | $186M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $137M |
| R&D Expenses | $93M |
| Selling & Marketing | $206M |
| General & Administrative | $74M |
| SG&A Expenses | $280M |
| Other Expenses | $0 |
| Operating Expenses | $373M |
| Cost & Expenses | $422M |
| OPERATING INCOME | -$236M |
| Interest Income | $941.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$238M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$240M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$240M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$240M |
| D&A | $5M |
| EBIT | -$236M |
| EBITDA | -$231M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$240M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $251M |
| Deferred Income Tax | $21.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$94M |
| Sales/Maturities of Investments | $113M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $544.0K |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $83M |
| Net Receivables | $178M |
| Inventory | $0 |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $32M |
| Goodwill | $58M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $187M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $239M |
| TOTAL CURRENT LIABILITIES | $329M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $55M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $78M |
| TOTAL LIABILITIES | $407M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $19M |
| Net Debt | -$1.8B |
