| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $316M | $286M | $220M | 10.3% | 43.4% |
| Op. Income | -$145M | -$127M | -$81M | -14.3% | -79.1% |
| Gross Margin | 76.7% | 77.8% | 76.2% | -1.1pp | 0.5pp |
| Net Margin | -51.2% | -40.2% | -37.9% | -11.0pp | -13.3pp |
| EPS (Diluted) | $-0.56 | $-0.41 | $-0.31 | -36.6% | -80.6% |
| Free Cash Flow | -$53M | $34M | $4M | -256.3% | -1600.4% |
| Item | Amount |
|---|---|
| REVENUE | $316M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $242M |
| R&D Expenses | $209M |
| Selling & Marketing | $103M |
| General & Administrative | $75M |
| SG&A Expenses | $178M |
| Other Expenses | $0 |
| Operating Expenses | $387M |
| Cost & Expenses | $461M |
| OPERATING INCOME | -$145M |
| Interest Income | $0 |
| Interest Expense | $536.0K |
| Other Income/Expenses | -$536.0K |
| INCOME BEFORE TAX | -$145M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | -$162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$162M |
| D&A | $25M |
| EBIT | -$145M |
| EBITDA | -$119M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$162M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $98M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$1.2B |
| Purchases of Investments | -$224M |
| Sales/Maturities of Investments | $64M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.7B |
| NET CASH FROM FINANCING | $1.7B |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | $300M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $681M |
| Net Receivables | $340M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $106M |
| Goodwill | $1.6B |
| Intangible Assets | $814M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $150M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $141M |
| Other Current Liabilities | $60M |
| TOTAL CURRENT LIABILITIES | $626M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $3.7B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $1.8B |
| Net Debt | $764M |
