| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $433M | $392M | $322M | 10.4% | 34.4% |
| Op. Income | -$59M | -$92M | -$157M | 35.9% | 62.4% |
| Gross Margin | 79.8% | 77.9% | 78.1% | 1.9pp | 1.7pp |
| Net Margin | -36.1% | -26.0% | -46.1% | -10.0pp | 10.0pp |
| EPS (Diluted) | $-0.08 | $-0.05 | $-0.08 | -49.2% | 6.3% |
| Free Cash Flow | $88M | $95M | -$23M | -8.2% | 480.0% |
| Item | Amount |
|---|---|
| REVENUE | $433M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $345M |
| R&D Expenses | $84M |
| Selling & Marketing | $163M |
| General & Administrative | $157M |
| SG&A Expenses | $320M |
| Other Expenses | $0 |
| Operating Expenses | $404M |
| Cost & Expenses | $492M |
| OPERATING INCOME | -$59M |
| Interest Income | $480.0K |
| Interest Expense | $601.0K |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | -$123M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | -$156M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$156M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$156M |
| D&A | $4M |
| EBIT | -$123M |
| EBITDA | -$119M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$156M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $167M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $119M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $93M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$176M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$182M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $32M |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | $88M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $234M |
| Net Receivables | $191M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $248M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $136M |
| TOTAL NON-CURRENT ASSETS | $384M |
| TOTAL ASSETS | $3.2B |
| Account Payables | $75M |
| Short-Term Debt | $0 |
| Deferred Revenue | $389M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $660M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $74M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $296M |
| TOTAL LIABILITIES | $956M |
| Common Stock | $2M |
| Additional Paid-In Capital | $7.8B |
| Retained Earnings | -$5.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $260M |
| Net Debt | -$2.0B |
