| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | $75M | $73M | -2.0% | 0.0% |
| Op. Income | -$18M | $11M | -$11M | -262.1% | -56.9% |
| Gross Margin | 77.0% | 79.4% | 73.3% | -2.5pp | 3.7pp |
| Net Margin | -29.9% | 8.3% | -14.5% | -38.2pp | -15.3pp |
| EPS (Diluted) | $-0.47 | $0.13 | $-0.24 | -461.5% | -95.8% |
| Free Cash Flow | -$14M | $8M | $8M | -277.5% | -265.2% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $56M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $91M |
| OPERATING INCOME | -$18M |
| Interest Income | $272.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | -$363.0K |
| 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 | $9M |
| EBIT | -$19M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$957.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $611.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$576.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$104.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $313M |
| Net Receivables | $33M |
| Inventory | $23M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $486M |
| PP&E (Net) | $146M |
| Goodwill | $66M |
| Intangible Assets | $333M |
| Long-Term Investments | $9M |
| Tax Assets | $79M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $643M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $7M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $280M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $86M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $478M |
| TOTAL LIABILITIES | $542M |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $952M |
| Retained Earnings | -$365M |
| Treasury Stock | -$132.0K |
| Accum. Other Comp. Income | $15.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $587M |
| Minority Interest | $0 |
| TOTAL EQUITY | $587M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $383M |
| Net Debt | $283M |
