| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $62M | $46M | 27.1% | 70.4% |
| Op. Income | -$2M | -$10M | -$7M | 81.4% | 74.2% |
| Gross Margin | 85.8% | 86.0% | 84.4% | -0.2pp | 1.3pp |
| Net Margin | -3.0% | -16.8% | -16.3% | 13.7pp | 13.2pp |
| EPS (Diluted) | $-0.09 | $-0.38 | $-0.28 | 76.3% | 67.9% |
| Free Cash Flow | $201.0K | -$1M | -$5M | 113.5% | 104.3% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $67M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $80M |
| OPERATING INCOME | -$2M |
| Interest Income | $15.0K |
| Interest Expense | $538.0K |
| Other Income/Expenses | -$550.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $20.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $344.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $344.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $405.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $734.0K |
| Capital Expenditure | -$533.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$533.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $201.0K |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $214M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $17M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $269M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $204.0K |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $295M |
| Account Payables | $12M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $134.0K |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $66M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $508M |
| Retained Earnings | -$279M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$55.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $229M |
| Minority Interest | $0 |
| TOTAL EQUITY | $229M |
| TOTAL LIABILITIES & EQUITY | $295M |
| Total Debt | $34M |
| Net Debt | -$180M |
