| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $221M | $220M | $246M | 0.4% | -9.8% |
| Op. Income | -$46M | -$49M | -$25M | 6.7% | -80.7% |
| Gross Margin | -4.8% | -7.6% | 3.0% | 2.8pp | -7.7pp |
| Net Margin | -33.1% | -29.6% | 1.4% | -3.5pp | -34.5pp |
| EPS (Diluted) | $-1.81 | $-1.62 | $0.14 | -11.7% | -1392.9% |
| Free Cash Flow | -$14M | -$65M | -$75M | 78.4% | 81.4% |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $232M |
| GROSS PROFIT | -$11M |
| R&D Expenses | $11M |
| Selling & Marketing | $7M |
| General & Administrative | $17M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $267M |
| OPERATING INCOME | -$46M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | -$63M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$73M |
| D&A | $12M |
| EBIT | -$57M |
| EBITDA | -$45M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$74M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$61.0K |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$170.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $167M |
| Short-Term Investments | $0 |
| Net Receivables | $80M |
| Inventory | $264M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $533M |
| PP&E (Net) | $402M |
| Goodwill | $0 |
| Intangible Assets | $420.0K |
| Long-Term Investments | $15M |
| Tax Assets | $5M |
| Other Non-Current Assets | $101M |
| TOTAL NON-CURRENT ASSETS | $523M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $270M |
| Short-Term Debt | $25M |
| Deferred Revenue | $44M |
| Other Current Liabilities | $60M |
| TOTAL CURRENT LIABILITIES | $421M |
| Long-Term Debt | $146M |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $281M |
| TOTAL LIABILITIES | $702M |
| Common Stock | $0 |
| Additional Paid-In Capital | $624M |
| Retained Earnings | -$263M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $349M |
| Minority Interest | $5M |
| TOTAL EQUITY | $355M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $187M |
| Net Debt | $21M |
