| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $112M | $105M | — | 6.7% | — |
| Op. Income | -$4M | -$19M | — | 79.8% | — |
| Gross Margin | 60.6% | 56.6% | — | 4.0pp | — |
| Net Margin | -6.3% | -23.7% | — | 17.5pp | — |
| EPS (Diluted) | $-0.04 | $-0.15 | — | 71.8% | — |
| Free Cash Flow | -$12M | -$18M | — | 36.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $56M |
| SG&A Expenses | $72M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $116M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $708.0K |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$808.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$808.0K |
| Net Debt Issuance | -$334.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$790.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $77M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $132M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $151M |
| Account Payables | $51M |
| Short-Term Debt | $0 |
| Deferred Revenue | $27M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $116M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $72M |
| TOTAL NON-CURRENT LIABILITIES | $188M |
| TOTAL LIABILITIES | $310M |
| Common Stock | $0 |
| Additional Paid-In Capital | $21M |
| Retained Earnings | -$180M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$159M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$159M |
| TOTAL LIABILITIES & EQUITY | $151M |
| Total Debt | $116M |
| Net Debt | $77M |
