| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $192M | $197M | $281M | -2.3% | -31.7% |
| Op. Income | -$2M | $8M | $14M | -130.6% | -118.2% |
| Gross Margin | 6.8% | 13.3% | 10.5% | -6.5pp | -3.8pp |
| Net Margin | -1.2% | 2.2% | 4.2% | -3.4pp | -5.5pp |
| EPS (Diluted) | $-0.09 | $0.16 | $0.44 | -154.9% | -120.0% |
| Free Cash Flow | -$42M | -$6M | $80M | -561.4% | -152.7% |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $179M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $195M |
| OPERATING INCOME | -$2M |
| Interest Income | $3.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$2M |
| 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 | $3M |
| EBIT | -$2M |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $669.0K |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $42M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17.0K |
| NET CASH FROM FINANCING | $42M |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | $486.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $125M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $156M |
| PP&E (Net) | $111M |
| Goodwill | $19M |
| Intangible Assets | $49M |
| Long-Term Investments | $15M |
| Tax Assets | $4M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $200M |
| TOTAL ASSETS | $356M |
| Account Payables | $72M |
| Short-Term Debt | $15M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $125M |
| Long-Term Debt | $195M |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $264M |
| TOTAL LIABILITIES | $389M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $96M |
| Retained Earnings | -$34M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$33M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$33M |
| TOTAL LIABILITIES & EQUITY | $356M |
| Total Debt | $221M |
| Net Debt | $209M |
