| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $468.0K | $1M | $7M | -54.5% | -92.9% |
| Op. Income | -$28M | -$35M | -$32M | 21.2% | 13.1% |
| Gross Margin | 81.8% | 100.0% | 84.8% | -18.2pp | -3.0pp |
| Net Margin | -5998.1% | -3521.3% | -503.7% | -2476.8pp | -5494.4pp |
| EPS (Diluted) | $-0.21 | $-0.31 | $-0.34 | 32.3% | 38.2% |
| Free Cash Flow | -$28M | -$39M | -$45M | 29.9% | 38.6% |
| Item | Amount |
|---|---|
| REVENUE | $468.0K |
| Cost of Revenue | $85.0K |
| GROSS PROFIT | $383.0K |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$28M |
| Interest Income | $0 |
| Interest Expense | $746.0K |
| Other Income/Expenses | -$262.0K |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $463.0K |
| EBIT | -$27M |
| EBITDA | -$27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $232.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $589.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $795.0K |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $83.0K |
| NET CASH FROM FINANCING | -$63.0K |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $43M |
| Net Receivables | $4M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $114M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $129M |
| Account Payables | $5M |
| Short-Term Debt | $26M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $698.0K |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $65M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $805M |
| Retained Earnings | -$741M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$88.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $64M |
| Minority Interest | $0 |
| TOTAL EQUITY | $64M |
| TOTAL LIABILITIES & EQUITY | $129M |
| Total Debt | $39M |
| Net Debt | -$9M |
