Limelight Networks, Inc. (LLNW) 10K Annual Reports & 10Q SEC Filings

Cover Page - USD ($) $ in Millions	12 Months Ended
Cover Page - USD ($) $ in Millions	Dec. 31, 2021	Jan. 28, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Transition Report	false
Entity Registrant Name	Limelight Networks, Inc.
Entity Central Index Key	0001391127
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-1677033
Current Fiscal Year End Date	--12-31
Document Period End Date	Dec. 31, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity File Number	001-33508
Entity Address, Address Line One	2220 W. 14th Street,
Entity Address, City or Town	Tempe
Entity Address, State or Province	AZ
Entity Address, Postal Zip Code	85281
City Area Code	602
Local Phone Number	850-5000
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	LLNW
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 393.0
Entity Common Stock, Shares Outstanding		135,104,080
Documents Incorporated by Reference	Portions of the Proxy Statement for the Registrant’s 2022 Annual Meeting of Stockholders are incorporated by reference in Part III of this Form 10-K.

Please wait while we load the requested 10-K report or click the link below:

https://last10k.com/sec-filings/report/1391127/000139112722000025/llnw-20211231.htm

View differences made from one year to another to evaluate Limelight Networks, Inc.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ) — *Sample 10-K Year-over-Year (YoY) Comparison*

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were ~~removed~~ , added and changed by Limelight Networks, Inc..

Continue

Assess how Limelight Networks, Inc.'s management team is paid from their Annual Proxy

Limelight Networks, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2022 10-K Annual Report includes:

Voting Procedures
Board Members
Executive Team
Salaries, Bonuses, Perks
Peers / Competitors

Continue

Rating
Learn More

Filter Sentiment:

All

Positive

Negative

Filter Category:

All

M & A

Financial

Revenue

Other

Filter Subcategory:

All

Earnings

Product

Expense

Debt

Income

Other

Inside Limelight Networks, Inc.'s 10-K Annual Report:

M & A - Other Highlight
Items that could reasonably be expected to negatively affect key assumptions used in estimating fair value include but are not limited to: sustained decline in our stock price due to a decline in our financial performance due to the loss of key clients, loss of key personnel, emergence of new technologies or new competitors and/or unfavorable outcomes of intellectual property disputes; decline in overall market or economic conditions leading to a decline in our stock price; and decline in observed control premiums paid in business combinations involving comparable companies.

Financial - Earnings Highlight
Longer-term, we believe we can drive meaningful improvements to profitability and growth by diversifying our capabilities, clients, and revenue mix.
Revenue - Product Highlight
Key elements of our plan to Expand the Core include tightening the alignment between our sales and marketing organizations, moving to a "client success" model that pairs client relationship managers with client performance managers to ensure proactive client success and exploring ways to dynamically optimize how we price our services that gives us more flexibility and a renewed ability to sell more broadly into our existing client base.
Financial - Shares Highlight
The increase in aggregate dollars for the year ended December 31, 2021, versus the comparable 2020 period was primarily driven by an increase in share-based compensation, acquisition and legal related expenses, professional fees, and bad debt expense, which is included in other costs.
Financial - Shares Highlight
As a result, we reversed approximately $2,100 of share-based compensation expense and approximately $200 of related employer payroll taxes, which resulted in our previously reported net loss of $57,065, decreasing by approximately $2,300 to $54,761.
Revenue - Product
Such arrangements may include a...Read more
Financial - Expense
We regularly estimate when and...Read more
Other - Other
Factors that could cause or...Read more
Financial - Debt
The Notes will be senior,...Read more
Revenue - Product
In addition to price compression,...Read more
Financial - Earnings
Our Non-GAAP net income (loss),...Read more
Revenue - Product
Improvements in our networks performance...Read more
Revenue - Product
Sales and Marketing Sales and...Read more
Financial - Expense
Any previously recognized expense is...Read more
Other - Other
Reconciliation of Non-GAAP Financial Measures...Read more
Revenue - Product
We believe that we have...Read more
Revenue - Product
Revenue is recognized over the...Read more
Other - Other
All outstanding borrowings owed under...Read more
Revenue - Product
The following table reflects our...Read more
Financial - Shares
Share-based compensation decreased primarily as...Read more
Financial - Expense
Payroll and related employee costs...Read more
Financial - Shares
Share-based compensation also increased as...Read more
Financial - Earnings
We compensate for these limitations...Read more
Financial - Expense
The decrease in aggregate dollars...Read more
Other - Other
Cash from operations could also...Read more
Other - Other
Based on our intangible assets...Read more
Financial - Expense
The decrease in payroll and...Read more
Other - Other
Such accounting policies require significant...Read more
Financial - Income
The effective income tax rate...Read more
Revenue - Product
Revenue Recognition Revenues are recognized...Read more
Financial - Expense
The decrease in payroll and...Read more
Other - Other
We use Adjusted EBITDA as...Read more
Financial - Expense
We believe these actions will...Read more
Revenue - Product
Comparison of the Years Ended...Read more
Other - Other
Productivity improvements and expanded capacity...Read more
Financial - Expense
We provide our services in...Read more
Financial - Shares
The capped call transactions cover,...Read more
Financial - Expense
Amortization expense consists of amortization...Read more
Other - Other
We believe these measures also...Read more
Other - Other
As of December 31, 2021,...Read more
Financial - Expense
Cost of revenue was composed...Read more
Other - Other
Our management uses these Non-GAAP...Read more
Revenue - Product
We have rebuilt our sales...Read more
Other - Other
As long as our Adjusted...Read more
Other - Other
The following table presents our...Read more
Financial - Shares
Share-based compensation decreased primarily as...Read more
M & A - Other
Net cash used in investing...Read more
Other - Other
We continue to attract large...Read more
Financial - Earnings
Non-GAAP net income (loss), EBITDA...Read more
Other - Other
Operating Activities Net cash provided...Read more
Other - Other
These statements are often identified...Read more
Revenue - Product
If the assumptions underlying our...Read more
Financial - Income
For the year ended December...Read more
Other - Other
Use of Non-GAAP Financial Measures...Read more
Revenue - Product
We include estimates of variable...Read more
Revenue - Product
The deferred revenue balance of...Read more
Other - Other
The performance of our network...Read more
M & A - Other
Following the acquisition of Moov:...Read more
Financial - Expense
We continue to seek opportunities...Read more
M & A - Other
During and up to the...Read more
Financial - Expense
We have implemented a broader...Read more
Financial - Expense
The decrease was primarily due...Read more
Financial - Expense
Other costs increased primarily due...Read more
Financial - Expense
We have experienced the commoditization...Read more
Other - Other
Any such limitations on borrowing...Read more
Other - Other
Judgment may be required in...Read more
M & A - Other
We believe that this acquisition...Read more
Other - Other
These measures also enable our...Read more
Other - Other
We expect that the growth...Read more
Financial - Expense
The increase in depreciation and...Read more
Revenue - Product
Changes in cash, cash equivalents...Read more
M & A - Other
For our business combinations, we...Read more

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Material Contracts, Statements, Certifications & more

Limelight Networks, Inc. provided additional information to their SEC Filing as exhibits

Exhibit 10.15.07: Material Contract

Exhibit 21.1: Subsidaries Of The Registrant

Exhibit 23.1: Consents Of Experts And Counsel

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 32.1: Section 1350 Certification

Exhibit 32.2: Section 1350 Certification

Ticker: LLNW
CIK: 1391127
Form Type: 10-K Annual Report
Accession Number: 0001391127-22-000025
Submitted to the SEC: Thu Feb 17 2022 4:30:23 PM EST
Accepted by the SEC: Thu Feb 17 2022
Period: Friday, December 31, 2021
Industry: Business Services

External Resources:
Stock Quote
Social Media
SEC.gov

Bookmark the Permalink:
https://last10k.com/sec-filings/llnw/0001391127-22-000025.htm

Limelight Networks, Inc. (LLNW) SEC Filing 10-K Annual Report for the fiscal year ending Friday, December 31, 2021

SEC Filings

LLNW Valuations

LLNW Annual Reports

LLNW Quarterly Reports

LLNW Corporate News