| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $14M | $16M | 10.3% | 0.6% |
| Op. Income | -$12M | -$11M | -$7M | -9.5% | -57.4% |
| Gross Margin | -3.1% | 12.4% | 23.5% | -15.4pp | -26.6pp |
| Net Margin | -73.6% | -75.7% | -40.5% | 2.1pp | -33.1pp |
| EPS (Diluted) | $-7.24 | $-13.08 | $-9.66 | 44.6% | 25.1% |
| Free Cash Flow | -$18M | -$6M | -$10M | -207.6% | -75.2% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $16M |
| GROSS PROFIT | -$487.0K |
| R&D Expenses | $4M |
| Selling & Marketing | $2M |
| General & Administrative | $5M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$12M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$40.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$60.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $498.0K |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $498.0K |
| Stock-Based Compensation | $325.0K |
| Deferred Income Tax | -$26.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$26.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26.0K |
| Net Debt Issuance | -$37.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17.0K |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $6M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $534.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $41M |
| Account Payables | $9M |
| Short-Term Debt | $148.0K |
| Deferred Revenue | $11.0K |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $66.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $22M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $253M |
| Retained Earnings | -$235M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $214.0K |
| Net Debt | -$11M |
