| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $14M | $16M | 8.9% | -3.6% |
| Op. Income | -$7M | -$7M | -$3M | 3.8% | -159.7% |
| Gross Margin | 76.4% | 77.2% | 75.8% | -0.8pp | 0.6pp |
| Net Margin | -50.8% | -59.1% | -23.5% | 8.2pp | -27.4pp |
| EPS (Diluted) | $-0.29 | $-0.31 | $-0.19 | 6.5% | -52.6% |
| Free Cash Flow | -$5M | -$9M | -$2M | 40.6% | -192.9% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $10M |
| General & Administrative | $6M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$727.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $292.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $292.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $297.0K |
| Change in Working Capital | $820.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$801.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$801.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $32.0K |
| NET CASH FROM FINANCING | $32.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $2M |
| Net Receivables | $8M |
| Inventory | $7M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $115M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $141M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $56M |
| Common Stock | $264.0K |
| Additional Paid-In Capital | $394M |
| Retained Earnings | -$309M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $85M |
| Minority Interest | $0 |
| TOTAL EQUITY | $85M |
| TOTAL LIABILITIES & EQUITY | $141M |
| Total Debt | $40M |
| Net Debt | -$55M |
