| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $159M | $149M | $123M | 6.9% | 29.4% |
| Op. Income | -$18M | -$13M | -$6M | -36.4% | -202.4% |
| Gross Margin | 78.1% | 79.3% | 82.1% | -1.2pp | -4.0pp |
| Net Margin | -15.4% | -7.4% | -6.3% | -8.0pp | -9.1pp |
| EPS (Diluted) | $-0.22 | $-0.10 | $-0.07 | -120.0% | -196.9% |
| Free Cash Flow | $28M | $19M | $38M | 46.3% | -25.3% |
| Item | Amount |
|---|---|
| REVENUE | $159M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $124M |
| R&D Expenses | $34M |
| Selling & Marketing | $82M |
| General & Administrative | $26M |
| SG&A Expenses | $108M |
| Other Expenses | $0 |
| Operating Expenses | $142M |
| Cost & Expenses | $177M |
| OPERATING INCOME | -$18M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $5M |
| EBIT | -$18M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$23M |
| Purchases of Investments | -$61M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$938.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $287M |
| Short-Term Investments | $239M |
| Net Receivables | $96M |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $722M |
| PP&E (Net) | $77M |
| Goodwill | $281M |
| Intangible Assets | $73M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $516M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $405M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $464M |
| Long-Term Debt | $364M |
| Deferred Revenue NC | $123M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $547M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $906M |
| Retained Earnings | -$679M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $227M |
| Minority Interest | $0 |
| TOTAL EQUITY | $227M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $421M |
| Net Debt | $134M |
