| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | $7M | 17.5% | 34.8% |
| Op. Income | -$622.0K | -$465.0K | -$352.0K | -33.8% | -76.7% |
| Gross Margin | 66.2% | 69.7% | 67.6% | -3.5pp | -1.4pp |
| Net Margin | -9.4% | -6.8% | -6.6% | -2.6pp | -2.8pp |
| EPS (Diluted) | $-0.02 | $-0.02 | $-0.01 | -61.4% | -88.5% |
| Free Cash Flow | -$461.0K | -$605.0K | -$366.0K | 23.8% | -26.0% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $6M |
| R&D Expenses | $276.0K |
| Selling & Marketing | $4M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$622.0K |
| Interest Income | $0 |
| Interest Expense | $206.0K |
| Other Income/Expenses | -$205.0K |
| INCOME BEFORE TAX | -$827.0K |
| Income Tax Expense | $22.0K |
| Net Income from Continuing Ops | -$849.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$849.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$849.0K |
| D&A | $1M |
| EBIT | $1M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$849.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $80.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $130.0K |
| Change in Working Capital | $172.0K |
| OPERATING CASH FLOW | $669.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $500.0K |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$461.0K |
| Net Change in Cash | -$461.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $3M |
| Other Current Assets | $462.0K |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $8M |
| Goodwill | $9M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $216.0K |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $47M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $400.0K |
| Deferred Tax Liabilities | $266.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $247M |
| Retained Earnings | -$222M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $0 |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $47M |
| Total Debt | $8M |
| Net Debt | -$5M |
