| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $13M | $0 | 29.4% | — |
| Op. Income | -$63M | -$58M | -$78M | -8.6% | 19.5% |
| Gross Margin | 95.5% | 96.2% | — | -0.7pp | — |
| Net Margin | -202.1% | -544.2% | — | 342.1pp | — |
| EPS (Diluted) | $-0.45 | $-0.93 | $-0.73 | 51.6% | 38.4% |
| Free Cash Flow | -$62M | -$61M | -$52M | -2.0% | -18.5% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $770.0K |
| GROSS PROFIT | $16M |
| R&D Expenses | $42M |
| Selling & Marketing | $65M |
| General & Administrative | -$28M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $80M |
| OPERATING INCOME | -$63M |
| Interest Income | $20.0K |
| Interest Expense | $10M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$56M |
| Income Tax Expense | -$22M |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $759.0K |
| EBIT | -$47M |
| EBITDA | -$46M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $759.0K |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$62M |
| Capital Expenditure | -$533.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$410.0K |
| NET CASH FROM INVESTING | -$830.0K |
| Net Debt Issuance | -$231.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$987.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$62M |
| Net Change in Cash | -$64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $467M |
| Short-Term Investments | $0 |
| Net Receivables | $32M |
| Inventory | $11M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $525M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $41M |
| Tax Assets | $26M |
| Other Non-Current Assets | $693.0K |
| TOTAL NON-CURRENT ASSETS | $93M |
| TOTAL ASSETS | $618M |
| Account Payables | $12M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $125M |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $222M |
| TOTAL NON-CURRENT LIABILITIES | $378M |
| TOTAL LIABILITIES | $452M |
| Common Stock | $6M |
| Additional Paid-In Capital | $982M |
| Retained Earnings | -$925M |
| Treasury Stock | -$128.0K |
| Accum. Other Comp. Income | $103M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $166M |
| Minority Interest | $0 |
| TOTAL EQUITY | $166M |
| TOTAL LIABILITIES & EQUITY | $618M |
| Total Debt | $140M |
| Net Debt | -$327M |
