Great job GDNP! Preliminary revenue for Q4 2021 is anticipated at $21.0 million to $23.0 million, an increase of approximately 300% to 330%, compared to $5.3 million for the three months ended December 31, 2020 ("Q4 2020"). Revenue for FY2021 is expected in the range of $59.3 million and $61.3 million, an increase of approximately 255% to 270%, compared to $16.7 million for the twelve-month period ended December 31, 2020 ("FY2020").
Variable gross margin, a non-GAAP measure1, for Q4 2021 is anticipated to be between 29% and 31% compared to 32.9% for Q4 2020. Variable gross margin for FY2021 is anticipated to be between 30% and 32%, compared to 37.3% for FY2020. Gross margin is estimated to be between 22% and 24% and between 24% and 26% for Q4 2021 and FY2021. The Company plans to release full Q4 2021 results in April 2022.