| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $180.0K | $236.0K | $404.0K | -23.7% | -55.4% |
| Op. Income | -$87M | -$73M | -$86M | -19.5% | -0.9% |
| Gross Margin | -21919.4% | -13583.1% | -9486.1% | -8336.4pp | -12433.3pp |
| Net Margin | -23147.8% | -14403.0% | -10609.2% | -8744.8pp | -12538.6pp |
| EPS (Diluted) | $-0.57 | $-0.47 | $-0.69 | -21.3% | 17.4% |
| Free Cash Flow | -$11M | -$39M | -$33M | 72.2% | 67.6% |
| Item | Amount |
|---|---|
| REVENUE | $180.0K |
| Cost of Revenue | $40M |
| GROSS PROFIT | -$39M |
| R&D Expenses | $40M |
| Selling & Marketing | $1M |
| General & Administrative | $6M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $87M |
| OPERATING INCOME | -$87M |
| Interest Income | $149.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $39M |
| INCOME BEFORE TAX | -$48M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$42M |
| D&A | $2M |
| EBIT | -$47M |
| EBITDA | -$45M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$420.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $147M |
| NET CASH FROM FINANCING | $147M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $310M |
| Short-Term Investments | $0 |
| Net Receivables | $68.0K |
| Inventory | $0 |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $347M |
| PP&E (Net) | $52M |
| Goodwill | $0 |
| Intangible Assets | $65.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $406M |
| Account Payables | $431.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $160.0K |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $47M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $128.0K |
| TOTAL NON-CURRENT LIABILITIES | $64M |
| TOTAL LIABILITIES | $92M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $843M |
| Retained Earnings | -$521M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $313M |
| Minority Interest | $0 |
| TOTAL EQUITY | $313M |
| TOTAL LIABILITIES & EQUITY | $406M |
| Total Debt | $68M |
| Net Debt | -$242M |
