| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $146M | $139M | $150M | 4.6% | -2.6% |
| Op. Income | $10M | $2M | $3M | 311.3% | 243.3% |
| Gross Margin | 37.8% | 38.0% | 33.2% | -0.3pp | 4.6pp |
| Net Margin | 5.0% | 0.6% | 0.8% | 4.5pp | 4.3pp |
| EPS (Diluted) | $0.28 | $0.03 | $0.04 | 833.3% | 600.0% |
| Free Cash Flow | $8M | $2M | $11M | 263.7% | -25.6% |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $55M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $6M |
| Operating Expenses | $45M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $578.0K |
| 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 | $7M |
| EBIT | $10M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $55M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $6M |
| Operating Expenses | $45M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $578.0K |
| 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 | $7M |
| EBIT | $10M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$4.0K |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $158M |
| Inventory | $80M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $287M |
| PP&E (Net) | $80M |
| Goodwill | $348M |
| Intangible Assets | $269M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $706M |
| TOTAL ASSETS | $993M |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $66M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $204M |
| Long-Term Debt | $201M |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $289M |
| TOTAL LIABILITIES | $492M |
| Common Stock | $4M |
| Additional Paid-In Capital | $605M |
| Retained Earnings | $333M |
| Treasury Stock | -$442M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $501M |
| Minority Interest | $0 |
| TOTAL EQUITY | $501M |
| TOTAL LIABILITIES & EQUITY | $993M |
| Total Debt | $249M |
| Net Debt | $219M |
