| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $15M | $16M | 29.9% | 21.3% |
| Op. Income | -$45M | -$57M | -$22M | 20.5% | -104.0% |
| Gross Margin | 39.7% | -35.0% | 55.6% | 74.7pp | -15.9pp |
| Net Margin | -80.1% | -92.8% | -146.5% | 12.6pp | 66.4pp |
| EPS (Diluted) | $-0.08 | $-0.07 | $-3.73 | -11.0% | 97.9% |
| Free Cash Flow | -$47M | -$48M | -$22M | 3.4% | -114.1% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $8M |
| R&D Expenses | $20M |
| Selling & Marketing | $15M |
| General & Administrative | $18M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $64M |
| OPERATING INCOME | -$45M |
| Interest Income | $834.0K |
| Interest Expense | $6.0K |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $49.0K |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $670.0K |
| EBIT | -$15M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $670.0K |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$908.0K |
| Sales/Maturities of Investments | $315M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $310M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$47M |
| Net Change in Cash | $270M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $423M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $36M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $512M |
| PP&E (Net) | $39M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $572M |
| Account Payables | $6M |
| Short-Term Debt | $1M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $124M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $875M |
| Retained Earnings | -$427M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $448M |
| Minority Interest | $0 |
| TOTAL EQUITY | $448M |
| TOTAL LIABILITIES & EQUITY | $572M |
| Total Debt | $29M |
| Net Debt | -$394M |
