| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $211M | $218M | $213M | -3.0% | -0.8% |
| Op. Income | -$82M | $8M | $12M | -1106.1% | -769.7% |
| Gross Margin | -53.5% | 12.5% | 14.6% | -65.9pp | -68.0pp |
| Net Margin | -40.6% | 0.9% | 7.7% | -41.5pp | -48.3pp |
| EPS (Diluted) | $-0.94 | $0.02 | $0.18 | -4800.0% | -622.2% |
| Free Cash Flow | -$43M | $17M | $33M | -354.3% | -232.9% |
| Item | Amount |
|---|---|
| REVENUE | $211M |
| Cost of Revenue | $324M |
| GROSS PROFIT | -$113M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$32M |
| Other Expenses | $0 |
| Operating Expenses | -$32M |
| Cost & Expenses | $293M |
| OPERATING INCOME | -$82M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$87M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$86M |
| D&A | $26M |
| EBIT | -$82M |
| EBITDA | -$56M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$86M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $69M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | $179M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | $167M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | $105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $206M |
| Short-Term Investments | $0 |
| Net Receivables | $315M |
| Inventory | $94M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $627M |
| PP&E (Net) | $426M |
| Goodwill | $645M |
| Intangible Assets | $122M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $315M |
| Short-Term Debt | $87M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $432M |
| Long-Term Debt | $509M |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $578M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $857M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$36M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $69.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $821M |
| Minority Interest | $0 |
| TOTAL EQUITY | $821M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $596M |
| Net Debt | $390M |
