| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $156M | $126M | $132M | 23.3% | 18.5% |
| Op. Income | $15M | $5M | $17M | 182.0% | -9.7% |
| Gross Margin | 50.0% | 52.4% | 54.4% | -2.3pp | -4.4pp |
| Net Margin | 12.7% | 1.2% | 10.2% | 11.5pp | 2.5pp |
| EPS (Diluted) | $0.18 | $0.01 | $0.13 | 1700.0% | 38.5% |
| Free Cash Flow | $5M | $12M | $36M | -59.8% | -86.1% |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $78M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $67.0K |
| Operating Expenses | $63M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $3M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $78M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $67.0K |
| Operating Expenses | $63M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $3M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $7M |
| 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 | -$99.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$445.0K |
| NET CASH FROM FINANCING | $366.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $0 |
| Net Receivables | $97M |
| Inventory | $71M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $323M |
| PP&E (Net) | $74M |
| Goodwill | $240M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $371M |
| TOTAL ASSETS | $694M |
| Account Payables | $64M |
| Short-Term Debt | $42M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $224M |
| Long-Term Debt | $113M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $173M |
| TOTAL LIABILITIES | $398M |
| Common Stock | $103.0K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $296M |
| Minority Interest | $0 |
| TOTAL EQUITY | $296M |
| TOTAL LIABILITIES & EQUITY | $694M |
| Total Debt | $191M |
| Net Debt | $58M |
