| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163M | $167M | $134M | -2.1% | 21.8% |
| Op. Income | -$20M | -$16M | -$18M | -21.2% | -6.7% |
| Gross Margin | 42.6% | 44.6% | 41.4% | -1.9pp | 1.2pp |
| Net Margin | -12.8% | -2.9% | -14.1% | -9.9pp | 1.3pp |
| EPS (Diluted) | $-0.32 | $-0.07 | $-0.32 | -330.1% | 0.0% |
| Free Cash Flow | -$20M | -$5M | $18M | -312.3% | -209.7% |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $70M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $183M |
| OPERATING INCOME | -$20M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | -$73.0K |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$75.0K |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $9M |
| EBIT | -$20M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $117M |
| Other Investing Activities | -$47.0K |
| NET CASH FROM INVESTING | $68M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $294M |
| Short-Term Investments | $182M |
| Net Receivables | $136M |
| Inventory | $143M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $788M |
| PP&E (Net) | $215M |
| Goodwill | $65M |
| Intangible Assets | $143M |
| Long-Term Investments | $29M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $469M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $59M |
| Short-Term Debt | $0 |
| Deferred Revenue | $52M |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $113M |
| TOTAL LIABILITIES | $314M |
| Common Stock | $185.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $943M |
| Minority Interest | $0 |
| TOTAL EQUITY | $943M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $14M |
| Net Debt | -$279M |
