| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.2B | $2.0B | 8.0% | 16.9% |
| Op. Income | -$63M | -$32M | $22M | -97.9% | -392.5% |
| Gross Margin | 25.4% | 26.4% | 27.1% | -1.1pp | -1.8pp |
| Net Margin | -2.7% | -1.5% | 1.0% | -1.2pp | -3.7pp |
| EPS (Diluted) | $-0.15 | $-0.08 | $0.05 | -94.3% | -387.9% |
| Free Cash Flow | -$113M | $2M | $47M | -5130.6% | -341.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $606M |
| R&D Expenses | $0 |
| Selling & Marketing | $152M |
| General & Administrative | $517M |
| SG&A Expenses | $669M |
| Other Expenses | $0 |
| Operating Expenses | $669M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | -$63M |
| Interest Income | $0 |
| Interest Expense | $424.0K |
| Other Income/Expenses | -$424.0K |
| INCOME BEFORE TAX | -$64M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$64M |
| D&A | $17M |
| EBIT | -$63M |
| EBITDA | -$46M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$64M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | -$66M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | -$171.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$144.0K |
| NET CASH FROM FINANCING | -$315.0K |
| FREE CASH FLOW | -$113M |
| Net Change in Cash | -$124M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $603M |
| Short-Term Investments | $0 |
| Net Receivables | $124M |
| Inventory | $560M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $740M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $763M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $883M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $427M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $4M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $410M |
| Net Debt | -$193M |
