| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $231M | $210M | $244M | 9.6% | -5.6% |
| Op. Income | -$120M | $2M | $17M | -6130.9% | -810.9% |
| Gross Margin | 37.0% | 52.6% | 72.0% | -15.6pp | -35.0pp |
| Net Margin | -41.8% | -28.2% | 50.7% | -13.5pp | -92.4pp |
| EPS (Diluted) | $-0.65 | $-0.40 | $0.81 | -62.5% | -180.2% |
| Free Cash Flow | $8M | -$4M | $28M | 319.5% | -70.2% |
| Item | Amount |
|---|---|
| REVENUE | $231M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $85M |
| R&D Expenses | $52M |
| Selling & Marketing | $42M |
| General & Administrative | $13M |
| SG&A Expenses | $55M |
| Other Expenses | $99M |
| Operating Expenses | $205M |
| Cost & Expenses | $351M |
| OPERATING INCOME | -$120M |
| Interest Income | $65.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$133M |
| Income Tax Expense | -$36M |
| Net Income from Continuing Ops | -$96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$96M |
| D&A | $21M |
| EBIT | -$129M |
| EBITDA | -$108M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$96M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$42M |
| Other Non-Cash Items | $125M |
| Change in Working Capital | -$604.0K |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$484.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $104M |
| Short-Term Investments | $0 |
| Net Receivables | $283M |
| Inventory | $54M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $481M |
| PP&E (Net) | $101M |
| Goodwill | $301M |
| Intangible Assets | $351M |
| Long-Term Investments | $44M |
| Tax Assets | $47M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $867M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $97M |
| Short-Term Debt | $20M |
| Deferred Revenue | $109M |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $344M |
| Long-Term Debt | $350M |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $476M |
| TOTAL LIABILITIES | $821M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $527M |
| Minority Interest | $0 |
| TOTAL EQUITY | $527M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $443M |
| Net Debt | $339M |
