ARLO
Forward-looking Statements
Business and Executive Overview
For the three months ended April 3, 2022 and March 28, 2021, we generated revenue of $124.8 million and $82.6 million, respectively, representing a year-over-year increase of 51.1%. Loss from operations were $8.7 million and $11.5 million for the three months ended April 3, 2022 and March 28, 2021, respectively.
Key Business Metrics
COVID-19 Update
Results of Operations
Cost of Revenue
Gross Profit
The following table presents gross profit for the periods indicated:
31.3 %
Operating Expenses
Research and Development
Research and development expense consists primarily of personnel-related expense, safety, security, regulatory services and testing, other research and development consulting fees, and corporate IT and facilities overhead. We
% $ 14,791
Sales and Marketing
$ 11,207
12.4 % $ 11,227
Separation Expense
Separation expense consists primarily of costs of legal and professional services for IPO-related litigation associated with our separation from NETGEAR.
The following table presents separation expense for the periods indicated:
Interest Income and Other Income (Expense), Net
**Percentage change not meaningful.
Liquidity and Capital Resources
Cash Flow
The following table presents our cash flows for the periods presented:
(30,168)
Net cash provided by (used in) investing activities (44,938)
14,197
Net cash provided by (used in) financing activities (5,272)
Investing activities
Financing activities
Contractual Obligations
Critical Accounting Policies and Estimates
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