| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $136M | $135M | $91M | 0.6% | 49.4% |
| Op. Income | -$23M | -$17M | -$9M | -40.1% | -170.3% |
| Gross Margin | 48.4% | 48.6% | 45.4% | -0.2pp | 3.1pp |
| Net Margin | -17.1% | -12.3% | -8.5% | -4.9pp | -8.6pp |
| EPS (Diluted) | $-0.14 | $-0.10 | $-0.05 | -40.0% | -174.0% |
| Free Cash Flow | $39M | -$39M | $62M | 198.9% | -37.4% |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $66M |
| R&D Expenses | $24M |
| Selling & Marketing | $41M |
| General & Administrative | $23M |
| SG&A Expenses | $64M |
| Other Expenses | $2M |
| Operating Expenses | $89M |
| Cost & Expenses | $159M |
| OPERATING INCOME | -$23M |
| Interest Income | $36.0K |
| Interest Expense | $313.0K |
| Other Income/Expenses | $392.0K |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $528.0K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $2M |
| EBIT | -$22M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $83.0K |
| Change in Working Capital | $52M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$753.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $445M |
| Short-Term Investments | $0 |
| Net Receivables | $82M |
| Inventory | $0 |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $607M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $628M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $98M |
| TOTAL CURRENT LIABILITIES | $151M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $156M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $754M |
| Retained Earnings | -$283M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $257.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $472M |
| Minority Interest | $0 |
| TOTAL EQUITY | $472M |
| TOTAL LIABILITIES & EQUITY | $628M |
| Total Debt | $8M |
| Net Debt | -$437M |
