| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | $0 | $17M | — | 108.7% |
| Op. Income | $15M | -$76M | -$235.3K | 119.1% | 6276.0% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | 729.9% | — | -55.5% | — | 785.4pp |
| EPS (Diluted) | $-0.13 | $-2.60 | $-0.30 | 95.0% | 56.7% |
| Free Cash Flow | -$101M | -$76M | -$315.9K | -34.2% | -32029.9% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $35M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | -$22M |
| SG&A Expenses | -$22M |
| Other Expenses | -$2M |
| Operating Expenses | $20M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $15M |
| Interest Income | $12.0K |
| Interest Expense | $23M |
| Other Income/Expenses | $239M |
| INCOME BEFORE TAX | $254M |
| Income Tax Expense | $261.0K |
| Net Income from Continuing Ops | $254M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $254M |
| Net Income Deductions | $258M |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $5M |
| EBIT | $210M |
| EBITDA | $214M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $35M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | -$22M |
| SG&A Expenses | -$22M |
| Other Expenses | -$2M |
| Operating Expenses | $20M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $15M |
| Interest Income | $12.0K |
| Interest Expense | $23M |
| Other Income/Expenses | $239M |
| INCOME BEFORE TAX | $254M |
| Income Tax Expense | $261.0K |
| Net Income from Continuing Ops | $254M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $254M |
| Net Income Deductions | $258M |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $5M |
| EBIT | $210M |
| EBITDA | $214M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $254M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $261.0K |
| Other Non-Cash Items | -$287M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | -$71M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $115M |
| FREE CASH FLOW | -$101M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $54M |
| Inventory | $39M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $120M |
| PP&E (Net) | $205M |
| Goodwill | $12M |
| Intangible Assets | $22M |
| Long-Term Investments | $55M |
| Tax Assets | $170M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $478M |
| TOTAL ASSETS | $598M |
| Account Payables | $29M |
| Short-Term Debt | $3M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $112M |
| Long-Term Debt | $398M |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $150.0K |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $622M |
| TOTAL LIABILITIES | $734M |
| Common Stock | $135.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$136M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$136M |
| TOTAL LIABILITIES & EQUITY | $598M |
| Total Debt | $523M |
| Net Debt | $505M |
