| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -27.0% | -16.6% |
| Op. Income | -$411.0K | $259.0K | $220.0K | -258.7% | -286.8% |
| Gross Margin | 47.1% | 58.1% | 58.2% | -11.0pp | -11.1pp |
| Net Margin | -60.2% | 10.0% | 2.7% | -70.2pp | -62.9pp |
| EPS (Diluted) | $-0.15 | $0.03 | $0.01 | -600.0% | -1600.0% |
| Free Cash Flow | -$425.0K | $405.0K | -$27.0K | -204.9% | -1474.1% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $858.0K |
| GROSS PROFIT | $765.0K |
| R&D Expenses | $339.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $837.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$411.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$25.0K |
| INCOME BEFORE TAX | -$436.0K |
| Income Tax Expense | $541.0K |
| Net Income from Continuing Ops | -$977.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$977.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $65.0K |
| EBIT | -$411.0K |
| EBITDA | -$346.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$977.0K |
| Depreciation & Amortization | $65.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $525.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$21.0K |
| OPERATING CASH FLOW | -$408.0K |
| Capital Expenditure | -$17.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$425.0K |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $814.0K |
| Other Current Assets | $5.0K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $501.0K |
| Goodwill | $0 |
| Intangible Assets | $131.0K |
| Long-Term Investments | $0 |
| Tax Assets | $8.0K |
| Other Non-Current Assets | $72.0K |
| TOTAL NON-CURRENT ASSETS | $712.0K |
| TOTAL ASSETS | $14M |
| Account Payables | $338.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $37.0K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $63M |
| Retained Earnings | -$50M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $96.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $175.0K |
| Net Debt | -$11M |
