| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $186M | $171M | $127M | 8.7% | 46.3% |
| Op. Income | -$93M | -$44M | -$30M | -108.4% | -212.1% |
| Gross Margin | 15.9% | 26.2% | 27.7% | -10.3pp | -11.8pp |
| Net Margin | -42.9% | -24.1% | -29.1% | -18.8pp | -13.8pp |
| EPS (Diluted) | $-2.68 | $-1.39 | $-1.26 | -92.8% | -112.7% |
| Free Cash Flow | -$153M | -$129M | -$76M | -18.5% | -102.6% |
| Item | Amount |
|---|---|
| REVENUE | $186M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $30M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $119M |
| Other Expenses | -$2M |
| Operating Expenses | $122M |
| Cost & Expenses | $279M |
| OPERATING INCOME | -$93M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$85M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$80M |
| D&A | $11M |
| EBIT | -$82M |
| EBITDA | -$71M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$80M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$65M |
| Capital Expenditure | -$88M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $101M |
| Other Investing Activities | -$611.0K |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$153M |
| Net Change in Cash | -$107M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $296M |
| Short-Term Investments | $250M |
| Net Receivables | $106M |
| Inventory | $96M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $807M |
| PP&E (Net) | $668M |
| Goodwill | $130M |
| Intangible Assets | $16M |
| Long-Term Investments | $6M |
| Tax Assets | $2M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $822M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $93M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $243M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $140M |
| TOTAL LIABILITIES | $384M |
| Common Stock | $105.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$308M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$74M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $149M |
| Net Debt | -$146M |
