| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $515M | $486M | $243M | 5.9% | 112.3% |
| Op. Income | -$117M | -$55M | -$57M | -113.6% | -106.4% |
| Gross Margin | 14.8% | 17.1% | 19.4% | -2.3pp | -4.7pp |
| Net Margin | 0.0% | -52.3% | -25.2% | 52.3pp | 25.2pp |
| EPS (Diluted) | $0.00 | $-0.51 | $-0.13 | 100.1% | 100.2% |
| Free Cash Flow | -$35M | -$22M | -$30M | -57.7% | -15.0% |
| Item | Amount |
|---|---|
| REVENUE | $515M |
| Cost of Revenue | $439M |
| GROSS PROFIT | $76M |
| R&D Expenses | $50M |
| Selling & Marketing | $60M |
| General & Administrative | $84M |
| SG&A Expenses | $143M |
| Other Expenses | $0 |
| Operating Expenses | $193M |
| Cost & Expenses | $632M |
| OPERATING INCOME | -$117M |
| Interest Income | $0 |
| Interest Expense | -$247.0K |
| Other Income/Expenses | $118M |
| INCOME BEFORE TAX | $770.0K |
| Income Tax Expense | $623.0K |
| Net Income from Continuing Ops | $147.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147.0K |
| D&A | $5M |
| EBIT | $367.0K |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $147.0K |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $64M |
| Deferred Income Tax | $920.0K |
| Other Non-Cash Items | -$97M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $142.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$459M |
| NET CASH FROM INVESTING | -$461M |
| Net Debt Issuance | -$472.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$490M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $809M |
| Short-Term Investments | $457M |
| Net Receivables | $55M |
| Inventory | $63M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $120M |
| Goodwill | $74M |
| Intangible Assets | $16M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $280M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $40M |
| Short-Term Debt | $22M |
| Deferred Revenue | $44M |
| Other Current Liabilities | $203M |
| TOTAL CURRENT LIABILITIES | $352M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $203M |
| TOTAL NON-CURRENT LIABILITIES | $292M |
| TOTAL LIABILITIES | $644M |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $99M |
| Net Debt | -$710M |
