| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $160M | $116M | $128M | 38.3% | 25.4% |
| Op. Income | -$17M | -$41M | -$18M | 58.2% | 5.6% |
| Gross Margin | -4.7% | -26.1% | -6.3% | 21.4pp | 1.5pp |
| Net Margin | -24.8% | -44.9% | -57.3% | 20.1pp | 32.5pp |
| EPS (Diluted) | $-1.17 | $-1.54 | $-2.17 | 24.0% | 46.1% |
| Free Cash Flow | -$32M | -$44M | -$7M | 28.5% | -350.9% |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $168M |
| GROSS PROFIT | -$8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $177M |
| OPERATING INCOME | -$17M |
| Interest Income | $34.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$40M |
| Income Tax Expense | $291.0K |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $27M |
| EBIT | -$32M |
| EBITDA | -$6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$40M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $700.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $49M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $245M |
| PP&E (Net) | $1.4B |
| Goodwill | $2M |
| Intangible Assets | $1M |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $35M |
| Short-Term Debt | $41M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $157M |
| Long-Term Debt | $305M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $623M |
| TOTAL LIABILITIES | $780M |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$463M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $838M |
| Minority Interest | $0 |
| TOTAL EQUITY | $838M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $654M |
| Net Debt | $604M |
