| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $98M | $88M | -5.7% | 4.8% |
| Op. Income | $2M | $6M | $3M | -62.2% | -10.7% |
| Gross Margin | 42.1% | 43.1% | 40.9% | -1.1pp | 1.2pp |
| Net Margin | -18.9% | -2.7% | -4.3% | -16.2pp | -14.5pp |
| EPS (Diluted) | $-7.00 | $-1.40 | $-2.00 | -400.0% | -250.0% |
| Free Cash Flow | $17M | -$4M | $3M | 510.7% | 395.3% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $39M |
| R&D Expenses | $12M |
| Selling & Marketing | $15M |
| General & Administrative | $9M |
| SG&A Expenses | $24M |
| Other Expenses | $864.0K |
| Operating Expenses | $37M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$638.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $2M |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $28.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$19.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$99M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$236.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $73M |
| Inventory | $48M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $156M |
| PP&E (Net) | $19M |
| Goodwill | $3M |
| Intangible Assets | $5M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $195M |
| Account Payables | $35M |
| Short-Term Debt | $4M |
| Deferred Revenue | $84M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $159M |
| Long-Term Debt | $91M |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $148M |
| TOTAL LIABILITIES | $307M |
| Common Stock | $570.0K |
| Additional Paid-In Capital | $627M |
| Retained Earnings | -$739M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$856.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$112M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$112M |
| TOTAL LIABILITIES & EQUITY | $195M |
| Total Debt | $103M |
| Net Debt | $75M |
