| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $6M | $872.2K | 39.4% | 815.3% |
| Op. Income | -$150M | -$132M | -$146M | -13.7% | -2.7% |
| Gross Margin | 37.8% | 28.1% | 100.0% | 9.8pp | -62.2pp |
| Net Margin | -1838.0% | -2165.9% | -8417.2% | 327.9pp | 6579.2pp |
| EPS (Diluted) | $-2.58 | $-2.30 | $-1.37 | -12.2% | -88.9% |
| Free Cash Flow | -$157M | -$150M | -$101M | -5.1% | -56.2% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $97M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $153M |
| Cost & Expenses | $158M |
| OPERATING INCOME | -$150M |
| Interest Income | $15M |
| Interest Expense | $6M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$146M |
| Income Tax Expense | $281.8K |
| Net Income from Continuing Ops | -$147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$147M |
| D&A | $5M |
| EBIT | -$140M |
| EBITDA | -$135M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$147M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $281.8K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | -$153M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $76M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $45M |
| Net Debt Issuance | $588M |
| Common Stock Repurchased | -$123M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $450.1K |
| NET CASH FROM FINANCING | $465M |
| FREE CASH FLOW | -$157M |
| Net Change in Cash | $362M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $883M |
| Short-Term Investments | $261M |
| Net Receivables | $7M |
| Inventory | $108M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $149M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $142M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $300M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $83M |
| Short-Term Debt | $0 |
| Deferred Revenue | $309.8K |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $111M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $165M |
| TOTAL NON-CURRENT LIABILITIES | $712M |
| TOTAL LIABILITIES | $824M |
| Common Stock | $9M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | -$1.8B |
| Treasury Stock | -$149M |
| Accum. Other Comp. Income | $262M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $787M |
| Minority Interest | $0 |
| TOTAL EQUITY | $787M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $554M |
| Net Debt | -$330M |
