| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $187.0K | $10.0K | $140.0K | 1770.0% | 33.6% |
| Op. Income | -$2M | -$2M | -$2M | -3.2% | -0.0% |
| Gross Margin | 6.4% | -10.0% | 19.3% | 16.4pp | -12.9pp |
| Net Margin | -1085.0% | -14670.0% | -1507.9% | 13585.0pp | 422.8pp |
| EPS (Diluted) | $-1.28 | $-2.19 | $-8.20 | 41.6% | 84.4% |
| Free Cash Flow | -$2M | -$3M | -$1M | 16.4% | -52.6% |
| Item | Amount |
|---|---|
| REVENUE | $187.0K |
| Cost of Revenue | $175.0K |
| GROSS PROFIT | $12.0K |
| R&D Expenses | $639.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $24.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $39.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $39.0K |
| Stock-Based Compensation | $359.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$555.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$97.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$97.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $27M |
| Net Receivables | $206.0K |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $571.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.0K |
| TOTAL NON-CURRENT ASSETS | $582.0K |
| TOTAL ASSETS | $62M |
| Account Payables | $114.0K |
| Short-Term Debt | $500.0K |
| Deferred Revenue | $2.0K |
| Other Current Liabilities | $688.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $189.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $191M |
| Additional Paid-In Capital | $78M |
| Retained Earnings | -$209M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$71.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $59M |
| Minority Interest | $0 |
| TOTAL EQUITY | $59M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $789.0K |
| Net Debt | -$31M |
