| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $15M | $15M | 22.3% | 21.9% |
| Op. Income | -$16M | -$9M | -$31M | -81.1% | 47.7% |
| Gross Margin | 13.5% | 10.4% | -141.0% | 3.1pp | 154.4pp |
| Net Margin | -104.4% | -19.7% | -189.2% | -84.7pp | 84.7pp |
| EPS (Diluted) | $-0.26 | $-0.04 | $-0.58 | -528.4% | 55.7% |
| Free Cash Flow | -$10M | -$10M | -$12M | 2.4% | 17.6% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $2M |
| R&D Expenses | $838.2K |
| Selling & Marketing | $4M |
| General & Administrative | $6M |
| SG&A Expenses | $9M |
| Other Expenses | $8M |
| Operating Expenses | $10M |
| Cost & Expenses | $34M |
| OPERATING INCOME | -$16M |
| Interest Income | $0 |
| Interest Expense | $99.4K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $11M |
| EBIT | -$19M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $840.4K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $11.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $11.0K |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$201.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $241.9K |
| NET CASH FROM FINANCING | $40.2K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $94M |
| Net Receivables | $15M |
| Inventory | $36M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $190M |
| PP&E (Net) | $172M |
| Goodwill | $10M |
| Intangible Assets | $2M |
| Long-Term Investments | $4M |
| Tax Assets | $2M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $214M |
| TOTAL ASSETS | $405M |
| Account Payables | $14M |
| Short-Term Debt | $58.5K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $168.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $534M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$201M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $351M |
| Minority Interest | $0 |
| TOTAL EQUITY | $351M |
| TOTAL LIABILITIES & EQUITY | $405M |
| Total Debt | $4M |
| Net Debt | -$36M |
