| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $194M | $182M | $143M | 7.0% | 36.2% |
| Op. Income | -$6M | -$7M | -$3M | 19.9% | -81.9% |
| Gross Margin | 15.7% | 15.5% | 16.5% | 0.2pp | -0.8pp |
| Net Margin | -3.6% | -3.8% | -2.5% | 0.1pp | -1.2pp |
| EPS (Diluted) | $-0.17 | $-0.17 | $-0.09 | 0.0% | -83.8% |
| Free Cash Flow | $1M | $3M | $1M | -61.3% | 30.5% |
| Item | Amount |
|---|---|
| REVENUE | $194M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $31M |
| R&D Expenses | $5M |
| Selling & Marketing | $20M |
| General & Administrative | $9M |
| SG&A Expenses | $29M |
| Other Expenses | $3M |
| Operating Expenses | $36M |
| Cost & Expenses | $200M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $9.0K |
| Other Income/Expenses | -$245.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $3M |
| EBIT | -$6M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$996.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$451.0K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $126M |
| Net Receivables | $165M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $391M |
| PP&E (Net) | $78M |
| Goodwill | $33M |
| Intangible Assets | $23M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $172M |
| TOTAL ASSETS | $563M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $147M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $224M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $230M |
| Common Stock | $0 |
| Additional Paid-In Capital | $467M |
| Retained Earnings | -$127M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $332M |
| Minority Interest | $0 |
| TOTAL EQUITY | $332M |
| TOTAL LIABILITIES & EQUITY | $563M |
| Total Debt | $0 |
| Net Debt | -$87M |
