| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $819.0K | $1M | $1M | -43.6% | -23.0% |
| Op. Income | -$29M | -$26M | -$11M | -9.7% | -158.4% |
| Gross Margin | -1740.9% | -90.0% | 100.0% | -1650.9pp | -1840.9pp |
| Net Margin | -3601.2% | -1733.2% | -1031.2% | -1868.0pp | -2570.0pp |
| EPS (Diluted) | $-0.33 | $-0.28 | $-0.12 | -17.9% | -175.0% |
| Free Cash Flow | -$28M | -$25M | -$14M | -10.3% | -105.2% |
| Item | Amount |
|---|---|
| REVENUE | $819.0K |
| Cost of Revenue | $15M |
| GROSS PROFIT | -$14M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$1M |
| Operating Expenses | $15M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$29M |
| Interest Income | $0 |
| Interest Expense | $195.0K |
| Other Income/Expenses | -$70.0K |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | $621.0K |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $3M |
| EBIT | -$28M |
| EBITDA | -$25M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $616.0K |
| Other Non-Cash Items | $750.0K |
| Change in Working Capital | $333.0K |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $226M |
| Short-Term Investments | $0 |
| Net Receivables | $350.0K |
| Inventory | $0 |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $256M |
| PP&E (Net) | $61M |
| Goodwill | $21M |
| Intangible Assets | $54M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $139M |
| TOTAL ASSETS | $395M |
| Account Payables | $7M |
| Short-Term Debt | $2M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $531.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $222.0K |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $55M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $561M |
| Retained Earnings | -$221M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$23.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $340M |
| Minority Interest | $0 |
| TOTAL EQUITY | $340M |
| TOTAL LIABILITIES & EQUITY | $395M |
| Total Debt | $18M |
| Net Debt | -$208M |
