| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $129M | $114M | $107M | 13.0% | 20.4% |
| Op. Income | $20M | $16M | $22M | 25.7% | -6.1% |
| Gross Margin | 74.6% | 77.0% | 76.1% | -2.4pp | -1.5pp |
| Net Margin | 40.2% | 11.1% | 17.3% | 29.2pp | 22.9pp |
| EPS (Diluted) | $0.39 | $0.09 | $0.15 | 333.3% | 160.0% |
| Free Cash Flow | $13M | $11M | $17M | 14.1% | -26.9% |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $96M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $853.0K |
| Other Income/Expenses | -$862.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | -$32M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $5M |
| EBIT | $20M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $96M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $853.0K |
| Other Income/Expenses | -$862.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | -$32M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $5M |
| EBIT | $20M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$28M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $83.0K |
| NET CASH FROM FINANCING | -$917.0K |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $0 |
| Net Receivables | $82M |
| Inventory | $25M |
| Other Current Assets | $711.0K |
| TOTAL CURRENT ASSETS | $227M |
| PP&E (Net) | $128M |
| Goodwill | $29M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $32M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $216M |
| TOTAL ASSETS | $443M |
| Account Payables | $29M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $83M |
| Long-Term Debt | $71M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $119M |
| TOTAL LIABILITIES | $202M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $302M |
| Retained Earnings | -$61M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $241M |
| Minority Interest | $0 |
| TOTAL EQUITY | $241M |
| TOTAL LIABILITIES & EQUITY | $443M |
| Total Debt | $132M |
| Net Debt | $18M |
