| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $30M | $18M | 25.2% | 108.2% |
| Op. Income | -$62M | -$37M | -$26M | -66.3% | -134.9% |
| Gross Margin | 51.1% | 53.7% | 57.6% | -2.6pp | -6.5pp |
| Net Margin | -167.5% | -126.7% | -148.3% | -40.8pp | -19.1pp |
| EPS (Diluted) | $-0.25 | $-0.18 | $-0.12 | -38.9% | -108.3% |
| Free Cash Flow | -$33M | -$26M | -$13M | -27.2% | -156.2% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $19M |
| R&D Expenses | $28M |
| Selling & Marketing | $36M |
| General & Administrative | $17M |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $81M |
| Cost & Expenses | $99M |
| OPERATING INCOME | -$62M |
| Interest Income | $23.0K |
| Interest Expense | $303.0K |
| Other Income/Expenses | -$873.0K |
| INCOME BEFORE TAX | -$62M |
| Income Tax Expense | $149.0K |
| Net Income from Continuing Ops | -$63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$63M |
| D&A | $2M |
| EBIT | -$62M |
| EBITDA | -$60M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$63M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $362M |
| Short-Term Investments | $367.0K |
| Net Receivables | $37M |
| Inventory | $16M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $429M |
| PP&E (Net) | $37M |
| Goodwill | $108M |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | -$3M |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $191M |
| TOTAL ASSETS | $620M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $103M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $149M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $53M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $622M |
| TOTAL NON-CURRENT LIABILITIES | $717M |
| TOTAL LIABILITIES | $866M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $167M |
| Retained Earnings | -$413M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $355.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$246M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$246M |
| TOTAL LIABILITIES & EQUITY | $620M |
| Total Debt | $46M |
| Net Debt | -$316M |
