| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $141M | $137M | $114M | 3.3% | 24.4% |
| Op. Income | -$24M | -$22M | -$8M | -8.5% | -207.3% |
| Gross Margin | 73.2% | 72.9% | 73.2% | 0.2pp | -0.0pp |
| Net Margin | -17.5% | -16.5% | -6.9% | -1.0pp | -10.6pp |
| EPS (Diluted) | $-0.19 | $-0.18 | $-0.06 | -5.6% | -216.7% |
| Free Cash Flow | -$13M | -$14M | -$492.0K | 6.5% | -2522.4% |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $103M |
| R&D Expenses | $38M |
| Selling & Marketing | $58M |
| General & Administrative | $29M |
| SG&A Expenses | $87M |
| Other Expenses | $2M |
| Operating Expenses | $127M |
| Cost & Expenses | $165M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $29.0K |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $3M |
| EBIT | -$24M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$160M |
| Sales/Maturities of Investments | $107M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $36M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $552M |
| Net Receivables | $62M |
| Inventory | $0 |
| Other Current Assets | $196M |
| TOTAL CURRENT ASSETS | $950M |
| PP&E (Net) | $31M |
| Goodwill | $118M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $151M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $24M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $263M |
| Long-Term Debt | $562M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $588M |
| TOTAL LIABILITIES | $851M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $529M |
| Retained Earnings | -$276M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $249M |
| Minority Interest | $0 |
| TOTAL EQUITY | $249M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $584M |
| Net Debt | $463M |
