| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | — | $21M | — | 18.7% |
| Op. Income | $4M | — | $528.9K | — | 626.7% |
| Gross Margin | 49.2% | — | 57.6% | — | -8.4pp |
| Net Margin | 2.9% | — | 2.8% | — | 0.1pp |
| EPS (Diluted) | $0.34 | — | $0.17 | — | 100.0% |
| Free Cash Flow | $5M | — | $6M | — | -2.6% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $12M |
| R&D Expenses | $393.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $8M |
| Operating Expenses | $8M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $191.7K |
| Other Income/Expenses | $369.7K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $720.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $687.9K |
| D&A | $981.7K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $12M |
| R&D Expenses | $393.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $8M |
| Operating Expenses | $8M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $191.7K |
| Other Income/Expenses | $369.7K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $720.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $687.9K |
| D&A | $981.7K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $720.6K |
| Depreciation & Amortization | $896.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$590.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$293 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$646.6K |
| Net Debt Issuance | -$80.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $32.2K |
| Net Receivables | $61M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $53M |
| Goodwill | $4M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $81M |
| TOTAL ASSETS | $190M |
| Account Payables | $2M |
| Short-Term Debt | $173.2K |
| Deferred Revenue | $5M |
| Other Current Liabilities | $943.2K |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $760.3K |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $238.3K |
| Other Non-Current Liabilities | $264.0K |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $695 |
| Additional Paid-In Capital | $185M |
| Retained Earnings | -$46M |
| Treasury Stock | -$675.4K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $138M |
| Minority Interest | -$3M |
| TOTAL EQUITY | $135M |
| TOTAL LIABILITIES & EQUITY | $190M |
| Total Debt | $35M |
| Net Debt | -$10M |
