| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $20M | $14M | -10.7% | 27.6% |
| Op. Income | -$9M | -$13M | $4M | 28.4% | -349.8% |
| Gross Margin | 58.8% | 58.4% | 68.8% | 0.4pp | -10.0pp |
| Net Margin | -124.2% | -54.3% | 18.2% | -69.9pp | -142.4pp |
| EPS (Diluted) | $-1.64 | $-1.16 | $0.15 | -41.4% | -1193.3% |
| Free Cash Flow | -$4M | -$2M | $5M | -159.5% | -190.8% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $17M |
| Operating Expenses | $19M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $491.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $513.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $812.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $31M |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $10M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $84M |
| PP&E (Net) | $89.0K |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $150.0K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $97M |
| Account Payables | $23M |
| Short-Term Debt | $812.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$8.0K |
| Deferred Tax Liabilities | $8.0K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $55M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $81M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | $0 |
| TOTAL EQUITY | $42M |
| TOTAL LIABILITIES & EQUITY | $97M |
| Total Debt | $910.0K |
| Net Debt | -$48M |
