| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $133M | $135M | $116M | -1.5% | 14.3% |
| Op. Income | $1M | $3M | $1M | -44.3% | 39.6% |
| Gross Margin | 7.8% | 8.2% | 7.4% | -0.5pp | 0.4pp |
| Net Margin | 0.1% | 0.6% | 1.3% | -0.5pp | -1.1pp |
| EPS (Diluted) | $0.02 | $0.08 | $0.14 | -79.3% | -88.8% |
| Free Cash Flow | $2M | -$4M | -$2M | 147.4% | 202.4% |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $370.0K |
| Income Tax Expense | $195.0K |
| Net Income from Continuing Ops | $175.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $175.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $175.0K |
| D&A | $2M |
| EBIT | $1M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $370.0K |
| Income Tax Expense | $195.0K |
| Net Income from Continuing Ops | $175.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $175.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $175.0K |
| D&A | $2M |
| EBIT | $1M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $175.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $60.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $464.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$947.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$947.0K |
| Net Debt Issuance | $501.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6.0K |
| NET CASH FROM FINANCING | $507.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $135M |
| Inventory | $137M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $299M |
| PP&E (Net) | $51M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $63M |
| TOTAL ASSETS | $362M |
| Account Payables | $93M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $127M |
| Long-Term Debt | $98M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $111M |
| TOTAL LIABILITIES | $238M |
| Common Stock | $47M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $124M |
| Minority Interest | $0 |
| TOTAL EQUITY | $124M |
| TOTAL LIABILITIES & EQUITY | $362M |
| Total Debt | $116M |
| Net Debt | $113M |
