| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $9M | $14M | 27.6% | -20.9% |
| Op. Income | -$7M | -$5M | $3M | -61.2% | -330.7% |
| Gross Margin | 90.3% | 90.1% | 97.4% | 0.1pp | -7.2pp |
| Net Margin | -68.1% | -55.5% | 52.4% | -12.7pp | -120.6pp |
| EPS (Diluted) | $-0.27 | $-0.17 | $0.27 | -58.8% | -200.0% |
| Free Cash Flow | $3M | -$3M | $3M | 209.2% | 13.3% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $10M |
| R&D Expenses | $10M |
| Selling & Marketing | $4M |
| General & Administrative | $4M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $82.0K |
| Other Income/Expenses | -$82.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $428.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $385.0K |
| EBIT | -$7M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $385.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $99.0K |
| Other Non-Cash Items | $218.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$320.0K |
| Acquisitions (Net) | -$500.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$51.0K |
| NET CASH FROM INVESTING | -$871.0K |
| Net Debt Issuance | -$256.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $72M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $107M |
| PP&E (Net) | $5M |
| Goodwill | $3M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $120M |
| Account Payables | $2M |
| Short-Term Debt | $833.0K |
| Deferred Revenue | $30M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $266.0K |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $68M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $92M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$81.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53M |
| Minority Interest | $0 |
| TOTAL EQUITY | $53M |
| TOTAL LIABILITIES & EQUITY | $120M |
| Total Debt | $4M |
| Net Debt | -$82M |
