Interlink Electronics Q4 net loss of $0.16/share; full-year revenue up 9% to $7.5M, capital raise $5M

INTERLINK ELECTRONICS INC

Revenue for FY2021 $7.5M, up 9% YoY; Q4 revenue $1.6M, down 16.6% YoY.
Net loss for FY2021 $734K ($0.12 diluted EPS loss); Q4 net loss $977K ($0.16 loss per share).
Gross margin declined to 54.3% for FY2021 from 56.6% in prior year; Q4 gross margin 47.1%.
Completed $5M private placement of 8% Series A Convertible Preferred stock in Q4 (200,000 shares at $25 each).
Guidance: Q1 2022 revenue expected > $2M; full-year 2022 revenue expected to exceed 2021 level.

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