Reported October 29, 2021
| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $20M | $41M | 145.0% | 18.0% |
| Op. Income | $17M | $38M | $9M | -55.0% | 99.6% |
| Gross Margin | 50.1% | -39.1% | 30.9% | 89.2pp | 19.2pp |
| Net Margin | 53.4% | 140.7% | 16.7% | -87.3pp | 36.7pp |
| EPS (Diluted) | $0.26 | $0.34 | $0.11 | -23.2% | 126.3% |
| Free Cash Flow | $8M | -$3M | $5M | 358.0% | 56.3% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $5M |
| SG&A Expenses | $8M |
| Other Expenses | -$16M |
| Operating Expenses | $23M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $17M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $9M |
| EBIT | $17M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $5M |
| SG&A Expenses | $8M |
| Other Expenses | -$16M |
| Operating Expenses | $23M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $17M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $9M |
| EBIT | $17M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $513.7K |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | -$56M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $29M |
| Sales/Maturities of Investments | $560.5K |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $42M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $140.0K |
| NET CASH FROM FINANCING | $129M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $135M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $213M |
| Short-Term Investments | $0 |
| Net Receivables | $33M |
| Inventory | $96M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $355M |
| PP&E (Net) | $38M |
| Goodwill | $0 |
| Intangible Assets | $222.4K |
| Long-Term Investments | $1M |
| Tax Assets | $15M |
| Other Non-Current Assets | $282M |
| TOTAL NON-CURRENT ASSETS | $336M |
| TOTAL ASSETS | $691M |
| Account Payables | $15M |
| Short-Term Debt | $65M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $133M |
| Long-Term Debt | $69M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $118M |
| TOTAL LIABILITIES | $251M |
| Common Stock | $320M |
| Additional Paid-In Capital | -$2M |
| Retained Earnings | $121M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $130M |
| Other Equity | -$121M |
| TOTAL STOCKHOLDERS' EQUITY | $440M |
| Minority Interest | $0 |
| TOTAL EQUITY | $440M |
| TOTAL LIABILITIES & EQUITY | $691M |
| Total Debt | $174M |
| Net Debt | -$40M |