| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $153M | $150M | $139M | 1.8% | 10.1% |
| Op. Income | $18M | $16M | $11M | 7.4% | 66.2% |
| Gross Margin | 41.9% | 42.0% | 40.9% | -0.2pp | 0.9pp |
| Net Margin | 5.4% | 6.0% | -0.1% | -0.6pp | 5.4pp |
| EPS (Diluted) | $0.15 | $0.17 | $-0.00 | -11.8% | 7242.9% |
| Free Cash Flow | $8M | $8M | $12M | 4.7% | -33.9% |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $64M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $3M |
| Operating Expenses | $46M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $18M |
| Interest Income | $2M |
| Interest Expense | $8M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | -$1M |
| 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 | $6M |
| EBIT | $14M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $64M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $3M |
| Operating Expenses | $46M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $18M |
| Interest Income | $2M |
| Interest Expense | $8M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | -$1M |
| 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 | $6M |
| EBIT | $14M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$639.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $131M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $102M |
| Net Debt Issuance | -$116M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$120M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $120M |
| Short-Term Investments | $104M |
| Net Receivables | $128M |
| Inventory | $171M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $549M |
| PP&E (Net) | $129M |
| Goodwill | $182M |
| Intangible Assets | $34M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $350M |
| TOTAL ASSETS | $899M |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $63M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $189M |
| Long-Term Debt | $229M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $272M |
| TOTAL LIABILITIES | $461M |
| Common Stock | $507.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$681M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $438M |
| Minority Interest | $0 |
| TOTAL EQUITY | $438M |
| TOTAL LIABILITIES & EQUITY | $899M |
| Total Debt | $267M |
| Net Debt | $147M |
