| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $88M | $114M | $121M | -22.5% | -27.3% |
| Op. Income | -$11M | -$75M | -$40M | 85.6% | 72.9% |
| Gross Margin | 67.4% | 62.0% | 69.8% | 5.4pp | -2.4pp |
| Net Margin | -11.8% | -61.2% | -48.6% | 49.4pp | 36.8pp |
| EPS (Diluted) | $-0.03 | $-0.18 | $-0.18 | 85.1% | 85.7% |
| Free Cash Flow | -$41M | -$41M | -$75M | 0.0% | 44.6% |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $59M |
| R&D Expenses | $13M |
| Selling & Marketing | $35M |
| General & Administrative | $22M |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $70M |
| Cost & Expenses | $99M |
| OPERATING INCOME | -$11M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $735.5K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $0 |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $660.9K |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $111.8K |
| Purchases of Investments | -$477M |
| Sales/Maturities of Investments | $448M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$604.4K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $77M |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $288M |
| Net Receivables | $176M |
| Inventory | $0 |
| Other Current Assets | $152M |
| TOTAL CURRENT ASSETS | $735M |
| PP&E (Net) | $15M |
| Goodwill | $499.7K |
| Intangible Assets | $8M |
| Long-Term Investments | $2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $767M |
| Account Payables | $100M |
| Short-Term Debt | $0 |
| Deferred Revenue | $117.3K |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $183M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$4M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $187M |
| Common Stock | $19.6K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$487M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $581M |
| Minority Interest | $0 |
| TOTAL EQUITY | $581M |
| TOTAL LIABILITIES & EQUITY | $767M |
| Total Debt | $9M |
| Net Debt | -$111M |
