| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $22M | $21M | 2.1% | 2.8% |
| Op. Income | -$21M | -$17M | -$20M | -19.0% | -5.0% |
| Gross Margin | 12.4% | 57.3% | 50.4% | -44.9pp | -38.0pp |
| Net Margin | -110.4% | -99.0% | -113.4% | -11.5pp | 2.9pp |
| EPS (Diluted) | $-244.00 | $-228.00 | $-317.00 | -7.0% | 23.0% |
| Free Cash Flow | -$15M | -$19M | -$13M | 22.0% | -16.5% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $3M |
| R&D Expenses | $6M |
| Selling & Marketing | -$33M |
| General & Administrative | $51M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $43M |
| OPERATING INCOME | -$21M |
| Interest Income | $12.1K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $11M |
| EBIT | -$21M |
| EBITDA | -$10M |
| EPS | -$244 |
| EPS Diluted | -$244 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $37.0K |
| Other Non-Cash Items | $678.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $4M |
| Sales/Maturities of Investments | $814 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$454.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $9M |
| Net Receivables | $33M |
| Inventory | $15M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $89M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $72M |
| Long-Term Investments | $16M |
| Tax Assets | -$16M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $92M |
| TOTAL ASSETS | $181M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $37M |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $84M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $91M |
| TOTAL LIABILITIES | $172M |
| Common Stock | $1M |
| Additional Paid-In Capital | $375M |
| Retained Earnings | -$368M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $181M |
| Total Debt | $88M |
| Net Debt | $58M |
