| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $277M | $273M | $232M | 1.2% | 19.2% |
| Op. Income | -$4M | $20M | -$9M | -122.7% | 48.4% |
| Gross Margin | 91.5% | 91.2% | 93.6% | 0.3pp | -2.1pp |
| Net Margin | -0.3% | 8.5% | -2.5% | -8.8pp | 2.2pp |
| EPS (Diluted) | $-0.01 | $0.30 | $-0.08 | -104.3% | 83.4% |
| Free Cash Flow | $53M | $38M | $53M | 39.3% | 0.6% |
| Item | Amount |
|---|---|
| REVENUE | $277M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $253M |
| R&D Expenses | $81M |
| Selling & Marketing | $126M |
| General & Administrative | $39M |
| SG&A Expenses | $165M |
| Other Expenses | $11M |
| Operating Expenses | $258M |
| Cost & Expenses | $281M |
| OPERATING INCOME | -$4M |
| Interest Income | $22.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $929.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$915.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$915.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$915.0K |
| D&A | $11M |
| EBIT | -$4M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$915.0K |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $41M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$960.0K |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $61.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $465M |
| Short-Term Investments | $10M |
| Net Receivables | $112M |
| Inventory | $0 |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $637M |
| PP&E (Net) | $215M |
| Goodwill | $104M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $52M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $408M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $196M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $125M |
| TOTAL LIABILITIES | $321M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$808M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $724M |
| Minority Interest | $0 |
| TOTAL EQUITY | $724M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $159M |
| Net Debt | -$307M |
