| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $6M | $7M | 41.9% | 31.6% |
| Op. Income | -$196.4K | $265.6K | $1M | -173.9% | -114.6% |
| Gross Margin | 32.7% | 47.2% | 72.5% | -14.5pp | -39.8pp |
| Net Margin | 0.1% | 22.0% | 24.4% | -21.9pp | -24.2pp |
| EPS (Diluted) | $0.00 | $0.12 | $0.21 | -98.9% | -99.4% |
| Free Cash Flow | $6M | -$11M | $3M | 159.3% | 136.0% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $3M |
| R&D Expenses | $608.6K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$196.4K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$14.3K |
| INCOME BEFORE TAX | -$210.7K |
| Income Tax Expense | -$223.3K |
| Net Income from Continuing Ops | $12.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12.6K |
| D&A | $300.7K |
| EBIT | -$196.4K |
| EBITDA | $104.4K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12.6K |
| Depreciation & Amortization | $320.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$192.1K |
| Other Non-Cash Items | $33.1K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $535.1K |
| Long-Term Investments | $19.7K |
| Tax Assets | $2M |
| Other Non-Current Assets | $189.7K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $50M |
| Account Payables | $789.4K |
| Short-Term Debt | $236.3K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $991.7K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.4K |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $1.1K |
| Additional Paid-In Capital | $31M |
| Retained Earnings | $304.2K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $50M |
| Total Debt | $9M |
| Net Debt | -$10M |
