| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $40M | $19M | -20.2% | 66.1% |
| Op. Income | $25M | $32M | $10M | -21.1% | 157.6% |
| Gross Margin | 82.2% | 82.6% | 68.6% | -0.4pp | 13.6pp |
| Net Margin | 78.9% | 80.0% | 49.6% | -1.1pp | 29.3pp |
| EPS (Diluted) | $0.37 | $0.48 | $0.14 | -22.9% | 164.3% |
| Free Cash Flow | -$88M | $49M | $27M | -279.4% | -431.3% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $898.5K |
| SG&A Expenses | $898.5K |
| Other Expenses | $0 |
| Operating Expenses | $898.5K |
| Cost & Expenses | $7M |
| OPERATING INCOME | $25M |
| Interest Income | $18M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $150.0K |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $0 |
| EBIT | $25M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $898.5K |
| SG&A Expenses | $898.5K |
| Other Expenses | $0 |
| Operating Expenses | $898.5K |
| Cost & Expenses | $7M |
| OPERATING INCOME | $25M |
| Interest Income | $18M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $150.0K |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $0 |
| EBIT | $25M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$107M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$88M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $102M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $94M |
| FREE CASH FLOW | -$88M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $40M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $607M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $614M |
| TOTAL LIABILITIES | $635M |
| Common Stock | $67.0K |
| Additional Paid-In Capital | $787M |
| Retained Earnings | -$127M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $660M |
| Minority Interest | $0 |
| TOTAL EQUITY | $660M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $607M |
| Net Debt | $587M |
