| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | $116M | $110M | -5.8% | -1.3% |
| Op. Income | $8M | $14M | $8M | -40.9% | 2.3% |
| Gross Margin | 19.9% | 23.8% | 19.5% | -3.9pp | 0.4pp |
| Net Margin | 5.7% | 8.8% | 4.9% | -3.1pp | 0.7pp |
| EPS (Diluted) | $0.17 | $0.28 | $0.15 | -39.3% | 13.3% |
| Free Cash Flow | $5M | $12M | $5M | -54.2% | 15.7% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $4M |
| Operating Expenses | $13M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $425.0K |
| Other Income/Expenses | -$552.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $4M |
| EBIT | $8M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $4M |
| Operating Expenses | $13M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $425.0K |
| Other Income/Expenses | -$552.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $4M |
| EBIT | $8M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $284.0K |
| Deferred Income Tax | -$942.0K |
| Other Non-Cash Items | $168.0K |
| Change in Working Capital | $443.0K |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$48.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$48.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $2M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $50M |
| PP&E (Net) | $249M |
| Goodwill | $249M |
| Intangible Assets | $62M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $564M |
| TOTAL ASSETS | $614M |
| Account Payables | $11M |
| Short-Term Debt | $20M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $229M |
| TOTAL LIABILITIES | $303M |
| Common Stock | $365.0K |
| Additional Paid-In Capital | $343M |
| Retained Earnings | -$32M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$290.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $311M |
| Minority Interest | $0 |
| TOTAL EQUITY | $311M |
| TOTAL LIABILITIES & EQUITY | $614M |
| Total Debt | $233M |
| Net Debt | $203M |
