| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $307M | $287M | $297M | 7.0% | 3.4% |
| Op. Income | -$46M | -$9M | $6M | -411.1% | -866.7% |
| Gross Margin | 10.7% | 15.0% | 15.8% | -4.2pp | -5.1pp |
| Net Margin | -2.0% | 2.8% | 6.7% | -4.7pp | -8.7pp |
| EPS (Diluted) | $-0.11 | $0.06 | $0.46 | -277.4% | -123.9% |
| Free Cash Flow | -$25M | -$17M | $9M | -47.1% | -377.8% |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $274M |
| GROSS PROFIT | $33M |
| R&D Expenses | $9M |
| Selling & Marketing | $2M |
| General & Administrative | $18M |
| SG&A Expenses | $20M |
| Other Expenses | $50M |
| Operating Expenses | $79M |
| Cost & Expenses | $353M |
| OPERATING INCOME | -$46M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | $39M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $8M |
| EBIT | $4M |
| EBITDA | $12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $362M |
| Short-Term Investments | $0 |
| Net Receivables | $175M |
| Inventory | $219M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $807M |
| PP&E (Net) | $187M |
| Goodwill | $12M |
| Intangible Assets | $34M |
| Long-Term Investments | $54M |
| Tax Assets | -$54M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $153M |
| Short-Term Debt | $1M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $58M |
| TOTAL CURRENT LIABILITIES | $309M |
| Long-Term Debt | $252M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $544M |
| TOTAL NON-CURRENT LIABILITIES | $885M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$596M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $221M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $977M |
| Minority Interest | $0 |
| TOTAL EQUITY | $977M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $312M |
| Net Debt | -$50M |
