| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $76M | $71M | 8.7% | 16.5% |
| Op. Income | -$1M | -$3M | -$1M | 57.1% | -25.4% |
| Gross Margin | 29.8% | 23.7% | 24.6% | 6.0pp | 5.2pp |
| Net Margin | -2.4% | 1.8% | 2.9% | -4.2pp | -5.3pp |
| EPS (Diluted) | $-0.18 | $0.13 | $0.19 | -238.5% | -194.7% |
| Free Cash Flow | -$13M | $27M | -$10M | -149.1% | -29.9% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $25M |
| R&D Expenses | $4M |
| Selling & Marketing | $12M |
| General & Administrative | $7M |
| SG&A Expenses | $19M |
| Other Expenses | $3M |
| Operating Expenses | $26M |
| Cost & Expenses | $84M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $8M |
| EBIT | $3M |
| EBITDA | $11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $40.0K |
| Other Non-Cash Items | -$921.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$27M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$41.0K |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $41M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $3M |
| Other Current Assets | $95M |
| TOTAL CURRENT ASSETS | $147M |
| PP&E (Net) | $190M |
| Goodwill | $130M |
| Intangible Assets | $50M |
| Long-Term Investments | $2M |
| Tax Assets | $22.0K |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $393M |
| TOTAL ASSETS | $540M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $141M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $174M |
| Long-Term Debt | $191M |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $251M |
| TOTAL LIABILITIES | $425M |
| Common Stock | $29M |
| Additional Paid-In Capital | $3M |
| Retained Earnings | $83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $343.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $115M |
| Minority Interest | $0 |
| TOTAL EQUITY | $115M |
| TOTAL LIABILITIES & EQUITY | $540M |
| Total Debt | $206M |
| Net Debt | $197M |
