| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $14M | $14M | -27.0% | -29.9% |
| Op. Income | -$347.0K | -$357.0K | -$486.0K | 2.8% | 28.6% |
| Gross Margin | 41.7% | 30.8% | 31.0% | 10.9pp | 10.7pp |
| Net Margin | 8.2% | -3.1% | 0.3% | 11.3pp | 7.9pp |
| EPS (Diluted) | $0.19 | $-0.10 | $0.01 | 290.0% | 1800.0% |
| Free Cash Flow | $1M | -$976.0K | -$926.0K | 203.7% | 209.3% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $4M |
| R&D Expenses | $696.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$347.0K |
| Interest Income | $169.0K |
| Interest Expense | $106.0K |
| Other Income/Expenses | $276.0K |
| INCOME BEFORE TAX | -$71.0K |
| Income Tax Expense | -$424.0K |
| Net Income from Continuing Ops | $353.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $465.0K |
| NET INCOME | $818.0K |
| Net Income Deductions | -$33.0K |
| BOTTOM LINE NET INCOME | $785.0K |
| D&A | $95.0K |
| EBIT | $35.0K |
| EBITDA | $130.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $818.0K |
| Depreciation & Amortization | $95.0K |
| Stock-Based Compensation | $233.0K |
| Deferred Income Tax | -$244.0K |
| Other Non-Cash Items | $155.0K |
| Change in Working Capital | -$31.0K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$14.0K |
| Acquisitions (Net) | $1.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13.0K |
| Net Debt Issuance | -$809.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$632.0K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $354.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $4M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $19.0K |
| Long-Term Investments | $15.0K |
| Tax Assets | $7M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $63M |
| Account Payables | $11M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $503.0K |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $876.0K |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | -$5M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $45.0K |
| Additional Paid-In Capital | $18M |
| Retained Earnings | $25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $63M |
| Total Debt | $4M |
| Net Debt | -$16M |
