| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $116M | $70M | -25.1% | 24.6% |
| Op. Income | -$5M | $18M | $20M | -128.5% | -125.4% |
| Gross Margin | 24.9% | 33.3% | 32.4% | -8.4pp | -7.5pp |
| Net Margin | -3.9% | 11.2% | 24.6% | -15.2pp | -28.5pp |
| EPS (Diluted) | $-0.06 | $0.23 | $0.31 | -126.7% | -119.8% |
| Free Cash Flow | -$245.0K | -$622.0K | $2M | 60.6% | -115.6% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $22M |
| R&D Expenses | $477.0K |
| Selling & Marketing | $14M |
| General & Administrative | $12M |
| SG&A Expenses | $26M |
| Other Expenses | $305.0K |
| Operating Expenses | $27M |
| Cost & Expenses | $92M |
| OPERATING INCOME | -$5M |
| Interest Income | $23.0K |
| Interest Expense | $41.0K |
| Other Income/Expenses | $618.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $512.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $512.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $185.0K |
| Capital Expenditure | -$430.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$430.0K |
| Net Debt Issuance | -$38M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $24.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$245.0K |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $77M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $173M |
| PP&E (Net) | $2M |
| Goodwill | $8M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $197M |
| Account Payables | $28M |
| Short-Term Debt | $28.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $48.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $301.0K |
| TOTAL NON-CURRENT LIABILITIES | $349.0K |
| TOTAL LIABILITIES | $74M |
| Common Stock | $618.0K |
| Additional Paid-In Capital | $135M |
| Retained Earnings | $47M |
| Treasury Stock | -$59M |
| Accum. Other Comp. Income | -$616.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $123M |
| Minority Interest | $0 |
| TOTAL EQUITY | $123M |
| TOTAL LIABILITIES & EQUITY | $197M |
| Total Debt | $76.0K |
| Net Debt | -$29M |
