| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $50M | $37M | 29.0% | 72.4% |
| Op. Income | $5M | -$10M | -$8M | 152.7% | 167.3% |
| Gross Margin | 19.7% | -9.6% | -9.0% | 29.3pp | 28.7pp |
| Net Margin | -1.4% | -35.3% | -39.1% | 33.9pp | 37.7pp |
| EPS (Diluted) | $-0.03 | $-0.55 | $-0.67 | 95.2% | 96.0% |
| Free Cash Flow | -$9M | -$8M | -$9M | -12.1% | 5.1% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $13M |
| R&D Expenses | $22.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$135.0K |
| Net Income from Continuing Ops | -$881.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$881.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$881.0K |
| D&A | $1M |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$881.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$654.0K |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $100.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $5M |
| Other Current Assets | $644.0K |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $138M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $140M |
| TOTAL ASSETS | $161M |
| Account Payables | $16M |
| Short-Term Debt | $23M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $166M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $216M |
| TOTAL LIABILITIES | $281M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $205M |
| Retained Earnings | -$321M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$120M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$120M |
| TOTAL LIABILITIES & EQUITY | $161M |
| Total Debt | $191M |
| Net Debt | $184M |
