| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $38M | $35M | 235.0% | 259.7% |
| Op. Income | $47M | -$44M | -$37M | 207.2% | 226.7% |
| Gross Margin | 99.4% | 98.4% | 97.0% | 1.0pp | 2.4pp |
| Net Margin | 30.7% | -137.5% | -123.7% | 168.1pp | 154.4pp |
| EPS (Diluted) | $0.46 | $-0.69 | $-0.59 | 166.7% | 178.0% |
| Free Cash Flow | $25M | -$24M | -$31M | 205.5% | 182.2% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $742.0K |
| GROSS PROFIT | $126M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $79M |
| OPERATING INCOME | $47M |
| Interest Income | $55.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | -$121.0K |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $139.0K |
| EBIT | $47M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $742.0K |
| GROSS PROFIT | $126M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $79M |
| OPERATING INCOME | $47M |
| Interest Income | $55.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | -$121.0K |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $139.0K |
| EBIT | $47M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $338.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$207.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $31M |
| NET CASH FROM INVESTING | $31M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $896.0K |
| NET CASH FROM FINANCING | $896.0K |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $190M |
| Short-Term Investments | $38M |
| Net Receivables | $22M |
| Inventory | $4M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $276M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $305M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $169M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $133M |
| TOTAL NON-CURRENT LIABILITIES | $311M |
| TOTAL LIABILITIES | $385M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $191.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$80M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$80M |
| TOTAL LIABILITIES & EQUITY | $305M |
| Total Debt | $181M |
| Net Debt | -$10M |
