| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $316M | $256M | $299M | 23.4% | 5.9% |
| Op. Income | -$32M | -$65M | -$6M | 50.7% | -442.8% |
| Gross Margin | 73.1% | 67.1% | 74.2% | 5.9pp | -1.2pp |
| Net Margin | -11.8% | -22.0% | 1.3% | 10.3pp | -13.1pp |
| EPS (Diluted) | $-0.23 | $-0.35 | $0.02 | 34.2% | -1078.5% |
| Free Cash Flow | $41M | -$28M | $22M | 248.5% | 85.6% |
| Item | Amount |
|---|---|
| REVENUE | $316M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $231M |
| R&D Expenses | $69M |
| Selling & Marketing | $168M |
| General & Administrative | $26M |
| SG&A Expenses | $194M |
| Other Expenses | $0 |
| Operating Expenses | $263M |
| Cost & Expenses | $348M |
| OPERATING INCOME | -$32M |
| Interest Income | $149.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$52M |
| Income Tax Expense | -$15M |
| Net Income from Continuing Ops | -$37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$37M |
| D&A | $5M |
| EBIT | -$50M |
| EBITDA | -$45M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$37M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $52M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | $30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $203M |
| Net Receivables | $422M |
| Inventory | $0 |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $840M |
| PP&E (Net) | $114M |
| Goodwill | $82M |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $181M |
| Other Non-Current Assets | $362M |
| TOTAL NON-CURRENT ASSETS | $753M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $276M |
| Other Current Liabilities | $121M |
| TOTAL CURRENT LIABILITIES | $485M |
| Long-Term Debt | $591M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $692M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $817.0K |
| Additional Paid-In Capital | $146M |
| Retained Earnings | $276M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $416M |
| Minority Interest | $0 |
| TOTAL EQUITY | $416M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $686M |
| Net Debt | $526M |
