| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $135M | $121M | $80M | 11.6% | 69.0% |
| Op. Income | -$17M | -$13M | -$9M | -30.6% | -87.1% |
| Gross Margin | 48.6% | 50.9% | 45.3% | -2.3pp | 3.3pp |
| Net Margin | -12.3% | -10.7% | -11.3% | -1.6pp | -1.0pp |
| EPS (Diluted) | $-0.10 | $-0.08 | $-0.06 | -25.3% | -68.9% |
| Free Cash Flow | -$39M | -$42M | -$44M | 6.7% | 11.2% |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $66M |
| R&D Expenses | $19M |
| Selling & Marketing | $38M |
| General & Administrative | $24M |
| SG&A Expenses | $62M |
| Other Expenses | $1M |
| Operating Expenses | $82M |
| Cost & Expenses | $152M |
| OPERATING INCOME | -$17M |
| Interest Income | $48.0K |
| Interest Expense | $208.0K |
| Other Income/Expenses | -$79.0K |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | -$42.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $1M |
| EBIT | -$16M |
| EBITDA | -$15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $92.0K |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$637.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$385.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $403M |
| Short-Term Investments | $0 |
| Net Receivables | $67M |
| Inventory | $0 |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $608M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $626M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $94M |
| TOTAL CURRENT LIABILITIES | $142M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $813.0K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $145M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $740M |
| Retained Earnings | -$259M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $253.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $480M |
| Minority Interest | $0 |
| TOTAL EQUITY | $480M |
| TOTAL LIABILITIES & EQUITY | $626M |
| Total Debt | $6M |
| Net Debt | -$397M |
