| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $970.0K | $1M | $11M | -4.1% | -91.4% |
| Op. Income | -$32M | -$31M | -$18M | -1.9% | -72.9% |
| Gross Margin | -2221.2% | -2548.5% | -115.0% | 327.2pp | -2106.2pp |
| Net Margin | -3737.6% | -3218.4% | -161.5% | -519.2pp | -3576.1pp |
| EPS (Diluted) | $-1.47 | $-1.18 | $-0.66 | -24.6% | -122.7% |
| Free Cash Flow | -$21M | -$25M | -$24M | 16.8% | 10.4% |
| Item | Amount |
|---|---|
| REVENUE | $970.0K |
| Cost of Revenue | $23M |
| GROSS PROFIT | -$22M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$19M |
| Operating Expenses | $10M |
| Cost & Expenses | $33M |
| OPERATING INCOME | -$32M |
| Interest Income | $342.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$36M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$36M |
| D&A | $573.0K |
| EBIT | -$31M |
| EBITDA | -$31M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $573.0K |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$55.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$322M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$313M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$235.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$329M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $166M |
| Short-Term Investments | $339M |
| Net Receivables | $921.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $512M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $91M |
| Tax Assets | $0 |
| Other Non-Current Assets | $256.0K |
| TOTAL NON-CURRENT ASSETS | $113M |
| TOTAL ASSETS | $625M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $256M |
| TOTAL NON-CURRENT LIABILITIES | $275M |
| TOTAL LIABILITIES | $294M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $691M |
| Retained Earnings | -$358M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $331M |
| Minority Interest | $0 |
| TOTAL EQUITY | $331M |
| TOTAL LIABILITIES & EQUITY | $625M |
| Total Debt | $21M |
| Net Debt | -$146M |
