| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $93M | $81M | 10.4% | 26.9% |
| Op. Income | -$6M | -$10M | -$14M | 40.7% | 54.6% |
| Gross Margin | 27.6% | 25.6% | 19.2% | 2.0pp | 8.4pp |
| Net Margin | -3.9% | -14.7% | -12.0% | 10.8pp | 8.1pp |
| EPS (Diluted) | $-0.23 | $-0.77 | $-0.56 | 70.1% | 58.9% |
| Free Cash Flow | -$319.0K | -$3M | -$11M | 88.7% | 97.1% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $4M |
| SG&A Expenses | $29M |
| Other Expenses | $6M |
| Operating Expenses | $35M |
| Cost & Expenses | $109M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$190.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $6M |
| EBIT | $3M |
| EBITDA | $9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$68.0K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $91.0K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$129.0K |
| FREE CASH FLOW | -$319.0K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $77M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $139M |
| PP&E (Net) | $176M |
| Goodwill | $0 |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $199M |
| TOTAL ASSETS | $338M |
| Account Payables | $46M |
| Short-Term Debt | $950.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $88M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $157M |
| TOTAL LIABILITIES | $233M |
| Common Stock | $18M |
| Additional Paid-In Capital | $66M |
| Retained Earnings | $66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $338M |
| Total Debt | $116M |
| Net Debt | $106M |
