| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $96M | $43M | -27.5% | 62.6% |
| Op. Income | $7M | -$55M | -$5M | 112.4% | 251.8% |
| Gross Margin | 58.3% | 54.2% | 52.2% | 4.2pp | 6.1pp |
| Net Margin | 8.0% | -58.6% | -11.7% | 66.6pp | 19.7pp |
| EPS (Diluted) | $0.12 | $-1.33 | $-0.17 | 109.0% | 170.6% |
| Free Cash Flow | -$37M | $4M | -$15M | -1158.3% | -141.5% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $2M |
| Operating Expenses | $34M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $5M |
| EBIT | $7M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $2M |
| Operating Expenses | $34M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $5M |
| EBIT | $7M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$799.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $570.0K |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $39M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $64M |
| Goodwill | $277M |
| Intangible Assets | $423M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $799M |
| TOTAL ASSETS | $908M |
| Account Payables | $15M |
| Short-Term Debt | $3M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $84M |
| Long-Term Debt | $225M |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $88M |
| Other Non-Current Liabilities | $96.0K |
| TOTAL NON-CURRENT LIABILITIES | $380M |
| TOTAL LIABILITIES | $464M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $594M |
| Retained Earnings | -$150M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $443M |
| Minority Interest | -$208.0K |
| TOTAL EQUITY | $443M |
| TOTAL LIABILITIES & EQUITY | $908M |
| Total Debt | $272M |
| Net Debt | $239M |
