| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $2M | -12.3% | -43.1% |
| Op. Income | -$35M | -$42M | -$28M | 16.5% | -27.6% |
| Gross Margin | 100.0% | 100.0% | 99.8% | 0.0pp | 0.2pp |
| Net Margin | -3521.3% | -3715.9% | -1596.2% | 194.6pp | -1925.0pp |
| EPS (Diluted) | $-0.31 | $-0.42 | $-0.32 | 26.2% | 3.1% |
| Free Cash Flow | -$39M | -$35M | -$18M | -12.4% | -120.7% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $23.0K |
| Operating Expenses | $36M |
| Cost & Expenses | $36M |
| OPERATING INCOME | -$35M |
| Interest Income | $0 |
| Interest Expense | $984.0K |
| Other Income/Expenses | -$961.0K |
| 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 | $194.0K |
| EBIT | -$35M |
| EBITDA | -$35M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $194.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $110.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$39M |
| Capital Expenditure | $95.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $1.0K |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $44M |
| Net Receivables | $502.0K |
| Inventory | $0 |
| Other Current Assets | $1 |
| TOTAL CURRENT ASSETS | $134M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $150M |
| Account Payables | $4M |
| Short-Term Debt | $32M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $67M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $796M |
| Retained Earnings | -$713M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $83M |
| Minority Interest | $0 |
| TOTAL EQUITY | $83M |
| TOTAL LIABILITIES & EQUITY | $150M |
| Total Debt | $46M |
| Net Debt | -$27M |
