| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | $103M | — | 8.2% | — |
| Op. Income | $4M | $4M | — | -6.4% | — |
| Gross Margin | 39.4% | 38.6% | — | 0.9pp | — |
| Net Margin | -10.0% | -0.4% | — | -9.6pp | — |
| EPS (Diluted) | $-0.12 | $-0.00 | — | -2757.1% | — |
| Free Cash Flow | $6M | $16M | — | -62.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $44M |
| R&D Expenses | $15M |
| Selling & Marketing | $13M |
| General & Administrative | $11M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $400.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $1M |
| EBIT | -$6M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$114.0K |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$783.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$893.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$893.0K |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $0 |
| Net Receivables | $85M |
| Inventory | $126M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $353M |
| PP&E (Net) | $35M |
| Goodwill | $58M |
| Intangible Assets | $435.0K |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $127M |
| TOTAL ASSETS | $480M |
| Account Payables | $19M |
| Short-Term Debt | $4M |
| Deferred Revenue | $107M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $192M |
| Long-Term Debt | $170M |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $219M |
| TOTAL LIABILITIES | $411M |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $555M |
| Retained Earnings | -$488M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69M |
| Minority Interest | $0 |
| TOTAL EQUITY | $69M |
| TOTAL LIABILITIES & EQUITY | $480M |
| Total Debt | $199M |
| Net Debt | $83M |
