| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $0 | $3M | — | 0.0% |
| Op. Income | -$47M | -$15M | -$14M | -213.7% | -222.2% |
| Gross Margin | -326.8% | — | 100.0% | — | -426.8pp |
| Net Margin | -1556.1% | — | -527.6% | — | -1028.5pp |
| EPS (Diluted) | $-11.15 | $-1.80 | $-4.26 | -519.4% | -161.7% |
| Free Cash Flow | -$34M | -$11M | -$2M | -212.1% | -1939.3% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $13M |
| GROSS PROFIT | -$10M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $20M |
| Operating Expenses | $37M |
| Cost & Expenses | $50M |
| OPERATING INCOME | -$47M |
| Interest Income | $36.0K |
| Interest Expense | $67.0K |
| Other Income/Expenses | -$31.0K |
| INCOME BEFORE TAX | -$47M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $807.0K |
| EBIT | -$14M |
| EBITDA | -$13M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$47M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $32M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $12M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $891.0K |
| TOTAL CURRENT ASSETS | $56M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $168.0K |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $80M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $296.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $37M |
| Common Stock | $1M |
| Additional Paid-In Capital | $697M |
| Retained Earnings | -$656M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | $0 |
| TOTAL EQUITY | $42M |
| TOTAL LIABILITIES & EQUITY | $80M |
| Total Debt | $9M |
| Net Debt | -$24M |
