| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $33M | $32M | 11.0% | 13.7% |
| Op. Income | $10M | $11M | $10M | -14.1% | -6.4% |
| Gross Margin | 66.5% | 71.7% | 70.3% | -5.2pp | -3.8pp |
| Net Margin | 9.6% | 14.8% | 14.9% | -5.2pp | -5.2pp |
| EPS (Diluted) | $0.17 | $0.23 | $0.24 | -27.9% | -30.3% |
| Free Cash Flow | $3M | $0 | $8M | — | -58.5% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $25M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $10M |
| Interest Income | $30.5K |
| Interest Expense | $269.7K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $7M |
| EBIT | $8M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $25M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $10M |
| Interest Income | $30.5K |
| Interest Expense | $269.7K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $7M |
| EBIT | $8M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $879.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $471.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$761 |
| Other Investing Activities | -$469.9K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $48M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $7M |
| Other Financing Activities | -$57M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $52M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $67M |
| Goodwill | $7M |
| Intangible Assets | $4M |
| Long-Term Investments | $1M |
| Tax Assets | $3M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $94M |
| TOTAL ASSETS | $172M |
| Account Payables | $5M |
| Short-Term Debt | $56M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $85M |
| Long-Term Debt | $619.1K |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $97M |
| Common Stock | $162M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$160M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $51M |
| Minority Interest | $25M |
| TOTAL EQUITY | $76M |
| TOTAL LIABILITIES & EQUITY | $172M |
| Total Debt | $61M |
| Net Debt | $54M |
