| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $2M | -4.0% | 34.4% |
| Op. Income | -$21M | -$18M | -$16M | -13.0% | -27.6% |
| Gross Margin | -499.3% | 100.0% | -587.0% | -599.3pp | 87.8pp |
| Net Margin | -665.0% | -573.6% | -714.2% | -91.4pp | 49.2pp |
| EPS (Diluted) | $-0.21 | $-0.19 | $-0.18 | -10.5% | -16.7% |
| Free Cash Flow | -$20M | -$16M | -$15M | -22.5% | -29.7% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $19M |
| GROSS PROFIT | -$16M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$19M |
| Operating Expenses | $5M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$21M |
| Interest Income | $30.0K |
| Interest Expense | $560.0K |
| Other Income/Expenses | -$525.0K |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $427.0K |
| EBIT | -$21M |
| EBITDA | -$20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $427.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $241.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$58.0K |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | $59M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $46M |
| Net Receivables | $899.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $161M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $36M |
| Tax Assets | $0 |
| Other Non-Current Assets | $61.0K |
| TOTAL NON-CURRENT ASSETS | $44M |
| TOTAL ASSETS | $204M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $65M |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $169M |
| Minority Interest | $0 |
| TOTAL EQUITY | $169M |
| TOTAL LIABILITIES & EQUITY | $204M |
| Total Debt | $19M |
| Net Debt | -$90M |
