| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $43M | $35M | -0.6% | 21.4% |
| Op. Income | -$12M | -$6M | -$1M | -111.7% | -872.7% |
| Gross Margin | 62.7% | 64.7% | 60.4% | -2.0pp | 2.3pp |
| Net Margin | -37.3% | -58.5% | -103.3% | 21.2pp | 66.0pp |
| EPS (Diluted) | $-0.12 | $-0.24 | $-0.33 | 50.0% | 63.6% |
| Free Cash Flow | -$12M | -$8M | $3M | -58.1% | -509.9% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $27M |
| R&D Expenses | $13M |
| Selling & Marketing | $14M |
| General & Administrative | $12M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$12M |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $617.0K |
| EBIT | -$13M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $617.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$427.0K |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $167M |
| PP&E (Net) | $10M |
| Goodwill | $11M |
| Intangible Assets | $2M |
| Long-Term Investments | $422.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $223M |
| Account Payables | $6M |
| Short-Term Debt | $3M |
| Deferred Revenue | $52M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $36M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $138M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $413M |
| Retained Earnings | -$323M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $85M |
| Minority Interest | $0 |
| TOTAL EQUITY | $85M |
| TOTAL LIABILITIES & EQUITY | $223M |
| Total Debt | $39M |
| Net Debt | -$105M |
