| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $16M | $14M | 11.2% | 27.6% |
| Op. Income | -$70.9K | $1M | $513.3K | -106.9% | -113.8% |
| Gross Margin | 28.3% | 34.5% | 34.5% | -6.2pp | -6.2pp |
| Net Margin | -2.2% | 6.1% | 1.8% | -8.3pp | -3.9pp |
| EPS (Diluted) | $-0.02 | $0.05 | $0.01 | -141.2% | -306.0% |
| Free Cash Flow | $2M | $395.3K | $979.3K | 424.9% | 111.9% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $5M |
| R&D Expenses | $1M |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$70.9K |
| Interest Income | $85.2K |
| Interest Expense | $79.8K |
| Other Income/Expenses | -$5.1K |
| INCOME BEFORE TAX | -$76.1K |
| Income Tax Expense | $310.2K |
| Net Income from Continuing Ops | -$386.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$386.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$386.2K |
| D&A | $308.9K |
| EBIT | $3.7K |
| EBITDA | $312.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$386.2K |
| Depreciation & Amortization | $308.9K |
| Stock-Based Compensation | $392.2K |
| Deferred Income Tax | -$36.4K |
| Other Non-Cash Items | $113.7K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$250.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14.8K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$265.3K |
| Net Debt Issuance | -$597.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$200.5K |
| NET CASH FROM FINANCING | -$797.9K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $15M |
| Net Receivables | $5M |
| Inventory | $12M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $3M |
| Goodwill | $7M |
| Intangible Assets | $105.4K |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $46.8K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $52M |
| Account Payables | $2M |
| Short-Term Debt | $4M |
| Deferred Revenue | $844.1K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $10M |
| Common Stock | $1.9K |
| Additional Paid-In Capital | $41M |
| Retained Earnings | $571.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $153.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | $0 |
| TOTAL EQUITY | $42M |
| TOTAL LIABILITIES & EQUITY | $52M |
| Total Debt | $4M |
| Net Debt | -$1M |
