| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | $106M | $55M | -9.0% | 77.5% |
| Op. Income | -$5M | $9M | -$2M | -149.9% | -196.7% |
| Gross Margin | 44.9% | 47.7% | 42.9% | -2.9pp | 2.0pp |
| Net Margin | -9.1% | 3.6% | -7.6% | -12.7pp | -1.5pp |
| EPS (Diluted) | $-0.02 | $0.00 | $-0.01 | -606.5% | -138.5% |
| Free Cash Flow | -$16M | $11M | -$17M | -243.7% | 2.5% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $30M |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $101M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $123M |
| BOTTOM LINE NET INCOME | -$129M |
| D&A | $712.0K |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $712.0K |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $481.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$77M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $82M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $22M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $3M |
| Goodwill | $35M |
| Intangible Assets | $21M |
| Long-Term Investments | $506.0K |
| Tax Assets | $10M |
| Other Non-Current Assets | -$5M |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $114M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | -$7M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $69M |
| Common Stock | $38.0K |
| Additional Paid-In Capital | $222M |
| Retained Earnings | -$178M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$114M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45M |
| Minority Interest | $0 |
| TOTAL EQUITY | $45M |
| TOTAL LIABILITIES & EQUITY | $114M |
| Total Debt | $25M |
| Net Debt | $14M |
