| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $56M | $0 | -52.5% | — |
| Op. Income | -$229M | -$128M | -$67M | -78.6% | -244.3% |
| Gross Margin | -733.1% | -184.4% | — | -548.7pp | — |
| Net Margin | -951.6% | -239.8% | — | -711.7pp | — |
| EPS (Diluted) | $-0.22 | $-0.12 | $-0.09 | -83.3% | -135.3% |
| Free Cash Flow | -$158M | -$155M | -$62M | -2.4% | -154.0% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $220M |
| GROSS PROFIT | -$194M |
| R&D Expenses | $220M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | -$220M |
| Operating Expenses | $36M |
| Cost & Expenses | $256M |
| OPERATING INCOME | -$229M |
| Interest Income | $468.6K |
| Interest Expense | $0 |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | -$254M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$252M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$251M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$251M |
| D&A | $5M |
| EBIT | -$229M |
| EBITDA | -$224M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$252M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $102M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $31M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | -$142M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | -$158M |
| Net Change in Cash | $982M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $245M |
| Goodwill | $1.1B |
| Intangible Assets | $617M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $257M |
| TOTAL LIABILITIES | $348M |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $147M |
| Net Debt | -$1.5B |
