| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $39M | $30M | -3.9% | 25.7% |
| Op. Income | -$62M | -$56M | -$44M | -9.4% | -39.2% |
| Gross Margin | 62.2% | 64.0% | 79.4% | -1.9pp | -17.2pp |
| Net Margin | -161.7% | -141.6% | -147.7% | -20.1pp | -14.1pp |
| EPS (Diluted) | $-0.43 | $-0.40 | $-0.33 | -7.5% | -30.3% |
| Free Cash Flow | -$63M | -$58M | -$49M | -8.6% | -28.2% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $24M |
| R&D Expenses | $35M |
| Selling & Marketing | $27M |
| General & Administrative | $23M |
| SG&A Expenses | $50M |
| Other Expenses | $429.0K |
| Operating Expenses | $85M |
| Cost & Expenses | $100M |
| OPERATING INCOME | -$62M |
| Interest Income | $239.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $239.0K |
| INCOME BEFORE TAX | -$61M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $19.0K |
| NET INCOME | -$61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$61M |
| D&A | $5M |
| EBIT | -$62M |
| EBITDA | -$57M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$61M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$54M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$79M |
| Sales/Maturities of Investments | $155M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $67M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$63M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $214M |
| Net Receivables | $17M |
| Inventory | $19M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $403M |
| PP&E (Net) | $173M |
| Goodwill | $119M |
| Intangible Assets | $9M |
| Long-Term Investments | $217M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $521M |
| TOTAL ASSETS | $923M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $80M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $114M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $99M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $205M |
| TOTAL LIABILITIES | $319M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$719M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $604M |
| Minority Interest | $110.0K |
| TOTAL EQUITY | $604M |
| TOTAL LIABILITIES & EQUITY | $923M |
| Total Debt | $112M |
| Net Debt | -$27M |
