| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $156M | $188M | $124M | -17.2% | 25.7% |
| Op. Income | -$56M | $14M | $7M | -501.2% | -870.0% |
| Gross Margin | 41.3% | 66.0% | 58.9% | -24.7pp | -17.6pp |
| Net Margin | -30.9% | 1.8% | 0.7% | -32.7pp | -31.6pp |
| EPS (Diluted) | $-0.28 | $0.02 | $0.01 | -1500.0% | -2900.0% |
| Free Cash Flow | -$95M | -$65M | -$12M | -45.6% | -684.5% |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $64M |
| R&D Expenses | $6M |
| Selling & Marketing | $91M |
| General & Administrative | $24M |
| SG&A Expenses | $115M |
| Other Expenses | $0 |
| Operating Expenses | $120M |
| Cost & Expenses | $212M |
| OPERATING INCOME | -$56M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$65M |
| Income Tax Expense | -$16M |
| Net Income from Continuing Ops | -$48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$48M |
| D&A | $5M |
| EBIT | -$56M |
| EBITDA | -$51M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | -$87M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$46.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$142.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$95M |
| Net Change in Cash | -$103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $184M |
| Short-Term Investments | $0 |
| Net Receivables | $252M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $444M |
| PP&E (Net) | $69M |
| Goodwill | $74M |
| Intangible Assets | $54M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $750M |
| TOTAL NON-CURRENT ASSETS | $946M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $28M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $128M |
| Long-Term Debt | $459M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $125M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $627M |
| TOTAL LIABILITIES | $756M |
| Common Stock | $2M |
| Additional Paid-In Capital | $549M |
| Retained Earnings | $83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $223.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $634M |
| Minority Interest | $0 |
| TOTAL EQUITY | $634M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $505M |
| Net Debt | $321M |
