| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $11M | $9M | -22.1% | -8.5% |
| Op. Income | -$3M | $166.7K | $637.8K | -1745.8% | -530.0% |
| Gross Margin | 24.8% | 36.5% | 38.5% | -11.7pp | -13.8pp |
| Net Margin | -35.0% | -2.1% | 7.2% | -32.9pp | -42.2pp |
| EPS (Diluted) | $-0.11 | $-0.01 | $0.02 | -1000.0% | -650.0% |
| Free Cash Flow | $1M | $973.3K | $925.3K | 25.2% | 31.7% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $2M |
| R&D Expenses | $545.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4M |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $48.9K |
| Other Income/Expenses | -$220.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$49.7K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $901.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $901.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $512.0K |
| Other Non-Cash Items | $131.1K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$437.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$437.2K |
| Net Debt Issuance | -$530.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$530.7K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $834.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $9M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $22M |
| Goodwill | $6M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $147.0K |
| Other Non-Current Assets | $27.7K |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $55M |
| Account Payables | $3M |
| Short-Term Debt | $634.8K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $269.9K |
| Additional Paid-In Capital | $231M |
| Retained Earnings | -$200M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $55M |
| Total Debt | $14M |
| Net Debt | $7M |
