| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $167M | $167M | $160M | -0.4% | 4.5% |
| Op. Income | -$45M | -$18M | -$7M | -156.1% | -533.0% |
| Gross Margin | 18.6% | 1.1% | 10.6% | 17.5pp | 8.0pp |
| Net Margin | -29.5% | -9.8% | 1.8% | -19.7pp | -31.3pp |
| EPS (Diluted) | $-1.79 | $-0.59 | $0.10 | -203.4% | -1890.0% |
| Free Cash Flow | -$10M | -$33M | $52M | 69.2% | -119.7% |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $63M |
| Operating Expenses | $76M |
| Cost & Expenses | $212M |
| OPERATING INCOME | -$45M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$49M |
| D&A | $2M |
| EBIT | -$43M |
| EBITDA | -$41M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$49M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $295.0K |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $61M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$115.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$76M |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | -$45.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$952.0K |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$60.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $359M |
| Short-Term Investments | $669M |
| Net Receivables | $353M |
| Inventory | $0 |
| Other Current Assets | -$1.6B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $45M |
| Goodwill | $92M |
| Intangible Assets | $56M |
| Long-Term Investments | $671M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$864M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $2.0B |
| Account Payables | $202M |
| Short-Term Debt | $69M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$292M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $52M |
| Deferred Revenue NC | $40M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | -$133M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $333M |
| Retained Earnings | $138M |
| Treasury Stock | -$124M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $343M |
| Minority Interest | $0 |
| TOTAL EQUITY | $343M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $152M |
| Net Debt | -$207M |
