| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $76M | $74M | 2.2% | 5.1% |
| Op. Income | $1M | $3M | -$1M | -65.0% | 170.2% |
| Gross Margin | 29.4% | 30.9% | 29.1% | -1.5pp | 0.2pp |
| Net Margin | -15.7% | 0.3% | -8.5% | -16.1pp | -7.2pp |
| EPS (Diluted) | $-0.15 | $0.00 | $-0.08 | -4938.7% | -93.5% |
| Free Cash Flow | -$13M | -$3M | $9M | -329.3% | -239.0% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $23M |
| R&D Expenses | $8M |
| Selling & Marketing | $9M |
| General & Administrative | $5M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $3M |
| EBIT | -$3M |
| EBITDA | $510.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $891.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$192.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $42.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $118M |
| Inventory | $61M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $203M |
| PP&E (Net) | $50M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $89M |
| TOTAL ASSETS | $293M |
| Account Payables | $69M |
| Short-Term Debt | $15M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $155M |
| Common Stock | $224.0K |
| Additional Paid-In Capital | $428M |
| Retained Earnings | -$262M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $137M |
| Minority Interest | $0 |
| TOTAL EQUITY | $137M |
| TOTAL LIABILITIES & EQUITY | $293M |
| Total Debt | $36M |
| Net Debt | $19M |
