| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $37M | $21M | -33.4% | 16.5% |
| Op. Income | -$10M | $1M | -$4M | -880.8% | -164.7% |
| Gross Margin | 72.2% | 81.3% | 72.1% | -9.1pp | 0.1pp |
| Net Margin | -41.6% | 6.1% | -18.6% | -47.7pp | -23.0pp |
| EPS (Diluted) | $-0.16 | $0.03 | $-0.06 | -633.3% | -146.9% |
| Free Cash Flow | -$5M | -$4M | -$3M | -14.9% | -61.7% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $18M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $35M |
| OPERATING INCOME | -$10M |
| Interest Income | $35.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $263.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $68.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $2M |
| EBIT | -$10M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $660.0K |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $1M |
| Other Current Assets | $579.0K |
| TOTAL CURRENT ASSETS | $162M |
| PP&E (Net) | $65M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $84M |
| TOTAL ASSETS | $246M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $82M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $552M |
| Retained Earnings | -$388M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $164M |
| Minority Interest | $0 |
| TOTAL EQUITY | $164M |
| TOTAL LIABILITIES & EQUITY | $246M |
| Total Debt | $48M |
| Net Debt | -$69M |
