| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $12M | $11M | 42.2% | 46.8% |
| Op. Income | -$2M | -$4M | -$2M | 57.4% | 17.6% |
| Gross Margin | 72.2% | 68.1% | 67.2% | 4.1pp | 5.0pp |
| Net Margin | -11.9% | -35.7% | -13.3% | 23.8pp | 1.4pp |
| EPS (Diluted) | $-0.06 | $-0.12 | $-0.04 | 51.4% | -30.7% |
| Free Cash Flow | -$118.0K | -$4M | -$1M | 96.9% | 91.6% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $12M |
| R&D Expenses | $947.0K |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$2M |
| Interest Income | $2.0K |
| Interest Expense | $1.0K |
| Other Income/Expenses | -$184.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $134.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $229.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $229.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $484.0K |
| Change in Working Capital | $170.0K |
| OPERATING CASH FLOW | $214.0K |
| Capital Expenditure | -$332.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$332.0K |
| Net Debt Issuance | -$57.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $18.0K |
| NET CASH FROM FINANCING | -$39.0K |
| FREE CASH FLOW | -$118.0K |
| Net Change in Cash | -$28.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $69M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $533.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $166.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $66M |
| Retained Earnings | -$13M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $54M |
| Minority Interest | $305.0K |
| TOTAL EQUITY | $54M |
| TOTAL LIABILITIES & EQUITY | $69M |
| Total Debt | $305.0K |
| Net Debt | -$31M |
