| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $76M | $83M | 3.7% | -4.9% |
| Op. Income | $3M | $6M | $11M | -50.0% | -74.6% |
| Gross Margin | 43.8% | 47.4% | 51.0% | -3.6pp | -7.2pp |
| Net Margin | 1.8% | 6.1% | 12.7% | -4.3pp | -10.9pp |
| EPS (Diluted) | $0.05 | $0.16 | $0.38 | -68.8% | -86.8% |
| Free Cash Flow | $2M | $9M | $13M | -74.6% | -83.6% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $35M |
| R&D Expenses | $12M |
| Selling & Marketing | $11M |
| General & Administrative | $7M |
| SG&A Expenses | $19M |
| Other Expenses | $1M |
| Operating Expenses | $32M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $384.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $35M |
| R&D Expenses | $12M |
| Selling & Marketing | $11M |
| General & Administrative | $7M |
| SG&A Expenses | $19M |
| Other Expenses | $1M |
| Operating Expenses | $32M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $384.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $359.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $28M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $695.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $0 |
| Net Receivables | $71M |
| Inventory | $34M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $181M |
| PP&E (Net) | $16M |
| Goodwill | $10M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $232M |
| Account Payables | $28M |
| Short-Term Debt | $2M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $120M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $124M |
| Retained Earnings | -$7M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$699.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $112M |
| Minority Interest | $0 |
| TOTAL EQUITY | $112M |
| TOTAL LIABILITIES & EQUITY | $232M |
| Total Debt | $34M |
| Net Debt | -$26M |
