| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $66M | $63M | 9.5% | 13.8% |
| Op. Income | $14M | $21M | $10M | -31.7% | 41.0% |
| Gross Margin | 48.4% | 52.2% | 52.8% | -3.8pp | -4.4pp |
| Net Margin | 9.6% | 17.2% | -10.1% | -7.6pp | 19.7pp |
| EPS (Diluted) | $0.23 | $0.38 | $-0.21 | -39.5% | 209.5% |
| Free Cash Flow | -$17M | $14M | $16M | -217.6% | -201.3% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $3M |
| Operating Expenses | $21M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $3M |
| EBIT | $14M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $3M |
| Operating Expenses | $21M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $3M |
| EBIT | $14M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $786.0K |
| Other Non-Cash Items | $415.0K |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $77.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $484.0K |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $70M |
| PP&E (Net) | $55M |
| Goodwill | $57M |
| Intangible Assets | $43M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $179M |
| TOTAL ASSETS | $249M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $469M |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $519M |
| TOTAL LIABILITIES | $559M |
| Common Stock | $299.0K |
| Additional Paid-In Capital | $463.0K |
| Retained Earnings | -$310M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$256.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$310M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$310M |
| TOTAL LIABILITIES & EQUITY | $249M |
| Total Debt | $472M |
| Net Debt | $423M |
