| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $46M | $8M | -16.6% | 401.6% |
| Op. Income | -$65M | -$32M | -$50M | -103.6% | -29.5% |
| Net Margin | -165.5% | -65.2% | -634.5% | -100.3pp | 469.0pp |
| EPS (Diluted) | $-0.61 | $-0.29 | $-0.47 | -110.3% | -29.8% |
| Free Cash Flow | -$32M | -$34M | -$13M | 3.7% | -153.8% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $66M |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | -$887.0K |
| Operating Expenses | $103M |
| Cost & Expenses | $103M |
| OPERATING INCOME | -$65M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$63M |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | -$63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$63M |
| D&A | $3M |
| EBIT | -$65M |
| EBITDA | -$62M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$63M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $124.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$146M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$118M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $815.0K |
| NET CASH FROM FINANCING | $815.0K |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $184M |
| Short-Term Investments | $183M |
| Net Receivables | $10M |
| Inventory | $4M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $385M |
| PP&E (Net) | $66M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $246M |
| Tax Assets | $0 |
| Other Non-Current Assets | $272.0K |
| TOTAL NON-CURRENT ASSETS | $326M |
| TOTAL ASSETS | $710M |
| Account Payables | $9M |
| Short-Term Debt | $2M |
| Deferred Revenue | $111M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $147M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $131M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $155M |
| TOTAL LIABILITIES | $301M |
| Common Stock | $197.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$645M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$69.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $409M |
| Minority Interest | $0 |
| TOTAL EQUITY | $409M |
| TOTAL LIABILITIES & EQUITY | $710M |
| Total Debt | $26M |
| Net Debt | -$159M |
