| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $346.0K | $0 | 189.0% | — |
| Op. Income | -$8M | -$21M | -$14M | 61.1% | 41.6% |
| Gross Margin | -600.8% | -2947.7% | — | 2346.9pp | — |
| Net Margin | -409.7% | -6371.1% | — | 5961.4pp | — |
| EPS (Diluted) | $-1.36 | $-3.80 | $-3.93 | 64.2% | 65.4% |
| Free Cash Flow | -$9M | -$14M | -$12M | 34.6% | 21.9% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $7M |
| GROSS PROFIT | -$6M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$8M |
| Operating Expenses | $2M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$8M |
| Interest Income | $31.0K |
| Interest Expense | $200.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $773.0K |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $724.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $14M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $20.0K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $45M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $1M |
| Additional Paid-In Capital | $703M |
| Retained Earnings | -$685M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$34.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $45M |
| Total Debt | $9M |
| Net Debt | $2M |
