| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $54M | $42M | -6.9% | 18.7% |
| Op. Income | $3M | $15M | $5M | -80.0% | -36.6% |
| Gross Margin | 23.0% | 40.4% | 25.2% | -17.3pp | -2.2pp |
| Net Margin | 1.6% | 17.1% | 16.3% | -15.5pp | -14.7pp |
| EPS (Diluted) | $0.01 | $0.14 | $0.11 | -91.3% | -88.9% |
| Free Cash Flow | -$4M | $9M | -$329.0K | -138.0% | -981.5% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $3M |
| Interest Income | $137.0K |
| Interest Expense | $345.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$335.9K |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $786.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $786.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $786.3K |
| D&A | $6M |
| EBIT | $30.9K |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $789.0K |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$882.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$139.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $137.0K |
| NET CASH FROM FINANCING | -$2.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $45M |
| Other Current Assets | $448.0K |
| TOTAL CURRENT ASSETS | $160M |
| PP&E (Net) | $147M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $190M |
| Tax Assets | $3M |
| Other Non-Current Assets | -$190M |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $314M |
| Account Payables | $14M |
| Short-Term Debt | $15M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $913.0K |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$14M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $48M |
| Common Stock | $416M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$119M |
| Other Equity | $18M |
| TOTAL STOCKHOLDERS' EQUITY | $266M |
| Minority Interest | $0 |
| TOTAL EQUITY | $266M |
| TOTAL LIABILITIES & EQUITY | $314M |
| Total Debt | $18M |
| Net Debt | -$66M |
