| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $262M | $241M | $123M | 8.7% | 113.0% |
| Op. Income | -$20M | -$28M | -$84M | 28.6% | 76.2% |
| Gross Margin | 91.6% | 91.7% | 90.2% | -0.1pp | 1.4pp |
| Net Margin | -13.0% | -12.0% | -65.0% | -0.9pp | 52.1pp |
| EPS (Diluted) | $-0.24 | $-0.21 | $-0.59 | -14.3% | 59.3% |
| Free Cash Flow | $72M | $51M | -$29M | 41.2% | 348.3% |
| Item | Amount |
|---|---|
| REVENUE | $262M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $240M |
| R&D Expenses | $0 |
| Selling & Marketing | $94M |
| General & Administrative | $87M |
| SG&A Expenses | $181M |
| Other Expenses | $79M |
| Operating Expenses | $260M |
| Cost & Expenses | $282M |
| OPERATING INCOME | -$20M |
| Interest Income | $1M |
| Interest Expense | $12M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $25M |
| EBIT | -$21M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $69M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $781M |
| Short-Term Investments | $0 |
| Net Receivables | $229M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $248M |
| Goodwill | $839M |
| Intangible Assets | $62M |
| Long-Term Investments | $36M |
| Tax Assets | $54M |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $59M |
| Other Current Liabilities | $328M |
| TOTAL CURRENT LIABILITIES | $467M |
| Long-Term Debt | $834M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $215M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $207M |
| Treasury Stock | -$722M |
| Accum. Other Comp. Income | -$60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $767M |
| Minority Interest | $0 |
| TOTAL EQUITY | $767M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $947M |
| Net Debt | $166M |
