| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $221M | $192M | $271M | 15.2% | -18.4% |
| Op. Income | $154M | $107M | $147M | 43.5% | 4.6% |
| Gross Margin | 77.6% | 60.6% | 58.8% | 17.0pp | 18.8pp |
| Net Margin | -7.6% | -18.7% | 30.6% | 11.1pp | -38.2pp |
| EPS (Diluted) | $-0.28 | $-0.45 | $0.78 | 37.8% | -135.9% |
| Free Cash Flow | -$105M | $154M | $19M | -168.3% | -651.3% |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $172M |
| R&D Expenses | $2M |
| Selling & Marketing | $870.0K |
| General & Administrative | $15M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $154M |
| Interest Income | $56M |
| Interest Expense | $74M |
| Other Income/Expenses | -$174M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $0 |
| EBIT | $226M |
| EBITDA | $226M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $466.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$97M |
| OPERATING CASH FLOW | -$105M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$362M |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | $279M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $486M |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | -$355M |
| NET CASH FROM FINANCING | $35M |
| FREE CASH FLOW | -$105M |
| Net Change in Cash | -$73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $168M |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | -$243M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $2.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$2.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $13.8B |
| Account Payables | $92M |
| Short-Term Debt | $9.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $9.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.9B |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $949.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$257M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $13.8B |
| Total Debt | $11.2B |
| Net Debt | $11.1B |
