| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $133M | $121M | $100M | 9.8% | 33.3% |
| Op. Income | $10M | $16M | -$4M | -34.9% | 359.5% |
| Gross Margin | 49.8% | 50.2% | 39.0% | -0.4pp | 10.7pp |
| Net Margin | 7.4% | 11.2% | -5.1% | -3.8pp | 12.5pp |
| EPS (Diluted) | $0.14 | $0.20 | $-0.10 | -30.0% | 243.1% |
| Free Cash Flow | $9M | $21M | $6M | -57.2% | 46.2% |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $4M |
| Operating Expenses | $56M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $94.0K |
| Other Income/Expenses | -$94.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $369.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $4M |
| EBIT | $10M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $4M |
| Operating Expenses | $56M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $94.0K |
| Other Income/Expenses | -$94.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $369.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $4M |
| EBIT | $10M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $369.0K |
| Deferred Income Tax | -$241.0K |
| Other Non-Cash Items | $18.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$352.0K |
| NET CASH FROM FINANCING | -$352.0K |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $82M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $106M |
| PP&E (Net) | $172M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $559.0K |
| TOTAL NON-CURRENT ASSETS | $174M |
| TOTAL ASSETS | $280M |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $95M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $126M |
| TOTAL LIABILITIES | $222M |
| Common Stock | $770.0K |
| Additional Paid-In Capital | $320M |
| Retained Earnings | -$164M |
| Treasury Stock | -$93M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $280M |
| Total Debt | $156M |
| Net Debt | $140M |
