| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $241M | $303M | $116M | -20.5% | 107.8% |
| Op. Income | -$28M | $16M | -$92M | -275.0% | 69.6% |
| Gross Margin | 91.7% | 92.4% | 88.8% | -0.7pp | 2.9pp |
| Net Margin | -12.0% | 0.3% | -62.1% | -12.4pp | 50.0pp |
| EPS (Diluted) | $-0.21 | $0.01 | $-0.54 | -2200.0% | 61.1% |
| Free Cash Flow | $51M | -$78M | -$23M | 165.4% | 321.7% |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $221M |
| R&D Expenses | $0 |
| Selling & Marketing | $126M |
| General & Administrative | $46M |
| SG&A Expenses | $172M |
| Other Expenses | $77M |
| Operating Expenses | $249M |
| Cost & Expenses | $269M |
| OPERATING INCOME | -$28M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$47M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $26M |
| EBIT | -$36M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$44M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $723M |
| Short-Term Investments | $0 |
| Net Receivables | $191M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $940M |
| PP&E (Net) | $257M |
| Goodwill | $843M |
| Intangible Assets | $65M |
| Long-Term Investments | $36M |
| Tax Assets | $54M |
| Other Non-Current Assets | $94M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $357M |
| Long-Term Debt | $833M |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $184M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $241M |
| Treasury Stock | -$722M |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $789M |
| Minority Interest | $0 |
| TOTAL EQUITY | $789M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $953M |
| Net Debt | $230M |
