| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $304M | $293M | $225M | 3.6% | 35.2% |
| Op. Income | -$109M | -$30M | -$88M | -266.5% | -25.0% |
| Gross Margin | 92.5% | 91.9% | 76.3% | 0.5pp | 16.2pp |
| Net Margin | -36.5% | -10.2% | -36.8% | -26.3pp | 0.2pp |
| EPS (Diluted) | $-0.15 | $-0.05 | $-1.85 | -200.0% | 91.9% |
| Free Cash Flow | -$1.3B | -$208M | -$2M | -500.5% | -71212.3% |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $281M |
| R&D Expenses | $0 |
| Selling & Marketing | $130M |
| General & Administrative | $125M |
| SG&A Expenses | $255M |
| Other Expenses | $136M |
| Operating Expenses | $390M |
| Cost & Expenses | $413M |
| OPERATING INCOME | -$109M |
| Interest Income | $95M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$109M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$121M |
| D&A | $27M |
| EBIT | -$109M |
| EBITDA | -$83M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$111M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $77M |
| Deferred Income Tax | $505.0K |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | -$1.2B |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $88M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $31M |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | -$1.3B |
| Net Change in Cash | -$86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $495M |
| Short-Term Investments | $195M |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $833M |
| PP&E (Net) | $227M |
| Goodwill | $899M |
| Intangible Assets | $453M |
| Long-Term Investments | $6.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $280M |
| TOTAL NON-CURRENT ASSETS | $8.3B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $158M |
| Short-Term Debt | $498M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $750M |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $83.0K |
| Additional Paid-In Capital | $5.6B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $4.2B |
| Net Debt | $3.7B |
