| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $29M | $24M | 13.6% | 40.3% |
| Op. Income | -$876.0K | $5M | -$4M | -117.8% | 76.7% |
| Gross Margin | 8.0% | 27.3% | 5.7% | -19.3pp | 2.3pp |
| Net Margin | 14.8% | 12.1% | -14.8% | 2.8pp | 29.7pp |
| EPS (Diluted) | $1.72 | $1.24 | $-1.33 | 38.7% | 229.3% |
| Free Cash Flow | -$2M | $2M | $1M | -186.1% | -230.5% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $3M |
| R&D Expenses | $135.0K |
| Selling & Marketing | $620.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $43.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $34M |
| OPERATING INCOME | -$876.0K |
| Interest Income | $0 |
| Interest Expense | $116.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $213.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $444.0K |
| EBIT | -$833.0K |
| EBITDA | -$389.0K |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $444.0K |
| Stock-Based Compensation | $58.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $423.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$94.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15.0K |
| NET CASH FROM INVESTING | -$109.0K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $782.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $643.0K |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $19M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $501.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $67M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $104.0K |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $56.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $20M |
| Net Debt | $20M |
