| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.1B | $978M | 22.8% | 41.1% |
| Op. Income | $14M | -$4M | $113M | 451.2% | -87.2% |
| Gross Margin | 50.2% | 54.2% | 51.6% | -4.0pp | -1.4pp |
| Net Margin | -26.9% | 102.2% | 12.7% | -129.1pp | -39.6pp |
| EPS (Diluted) | $-0.30 | $0.90 | $0.10 | -133.3% | -404.0% |
| Free Cash Flow | $234M | $31M | $239M | 668.7% | -1.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $687M |
| GROSS PROFIT | $693M |
| R&D Expenses | $274M |
| Selling & Marketing | $275M |
| General & Administrative | $101M |
| SG&A Expenses | $377M |
| Other Expenses | $28M |
| Operating Expenses | $678M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $14M |
| Interest Income | $5M |
| Interest Expense | $875.0K |
| Other Income/Expenses | -$503M |
| INCOME BEFORE TAX | -$489M |
| Income Tax Expense | -$117M |
| Net Income from Continuing Ops | -$371M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$371M |
| Net Income Deductions | -$645.0K |
| BOTTOM LINE NET INCOME | -$371M |
| D&A | $22M |
| EBIT | -$490M |
| EBITDA | -$468M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$371M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $98M |
| Deferred Income Tax | -$116M |
| Other Non-Cash Items | $508M |
| Change in Working Capital | $119M |
| OPERATING CASH FLOW | $260M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | -$1.7B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $36M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | $234M |
| Net Change in Cash | $313M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $5.3B |
| Net Receivables | $667M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $8.5B |
| PP&E (Net) | $302M |
| Goodwill | $357M |
| Intangible Assets | $138M |
| Long-Term Investments | $4.0B |
| Tax Assets | $48M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $13.3B |
| Account Payables | $284M |
| Short-Term Debt | $0 |
| Deferred Revenue | $217M |
| Other Current Liabilities | $78M |
| TOTAL CURRENT LIABILITIES | $703M |
| Long-Term Debt | $911M |
| Deferred Revenue NC | $163M |
| Deferred Tax Liabilities | $183M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $8.0B |
| Additional Paid-In Capital | $161M |
| Retained Earnings | $2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.1B |
| TOTAL LIABILITIES & EQUITY | $13.3B |
| Total Debt | $1.2B |
| Net Debt | -$1.3B |
