| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $188M | $278M | $239M | -32.3% | -21.4% |
| Op. Income | -$88M | -$37M | -$976.0K | -136.6% | -8875.4% |
| Gross Margin | -31.4% | -5.4% | 5.0% | -26.0pp | -36.4pp |
| Net Margin | -46.3% | -13.9% | -0.5% | -32.4pp | -45.9pp |
| EPS (Diluted) | $-1.76 | $-0.78 | $-0.02 | -125.6% | -7792.4% |
| Free Cash Flow | -$127M | -$57M | $61M | -123.7% | -308.4% |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $247M |
| GROSS PROFIT | -$59M |
| R&D Expenses | $6M |
| Selling & Marketing | $6M |
| General & Administrative | $15M |
| SG&A Expenses | $21M |
| Other Expenses | -$86M |
| Operating Expenses | -$59M |
| Cost & Expenses | $188M |
| OPERATING INCOME | -$88M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$644.0K |
| INCOME BEFORE TAX | -$88M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$87M |
| D&A | $2M |
| EBIT | -$88M |
| EBITDA | -$86M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$87M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | -$126M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $105M |
| FREE CASH FLOW | -$127M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $206M |
| Inventory | $390M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $662M |
| PP&E (Net) | $8M |
| Goodwill | $9M |
| Intangible Assets | $36M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $56M |
| TOTAL ASSETS | $718M |
| Account Payables | $158M |
| Short-Term Debt | $100M |
| Deferred Revenue | $71M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $771M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $774M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$279M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$285.0K |
| Other Equity | $223M |
| TOTAL STOCKHOLDERS' EQUITY | -$56M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$56M |
| TOTAL LIABILITIES & EQUITY | $718M |
| Total Debt | $100M |
| Net Debt | $63M |
