| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | — | 19.7% | — |
| Op. Income | -$2M | -$2M | — | -2.3% | — |
| Gross Margin | -7.1% | -0.8% | — | -6.2pp | — |
| Net Margin | -122.3% | -141.8% | — | 19.6pp | — |
| EPS (Diluted) | $-0.12 | $-0.12 | — | 0.0% | — |
| Free Cash Flow | -$1.7K | -$1M | — | 99.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $1M |
| GROSS PROFIT | -$89.0K |
| R&D Expenses | $439.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $6.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $6.8K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $9.0K |
| 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 | $97.6K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $97.6K |
| Stock-Based Compensation | $319.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $84.9K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $75.8K |
| Capital Expenditure | -$77.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$77.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$37.6K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $804.6K |
| FREE CASH FLOW | -$1.7K |
| Net Change in Cash | $797.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $772.2K |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $360.3K |
| Long-Term Investments | $165.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $266.6K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $12M |
| Account Payables | $641.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $1M |
| Additional Paid-In Capital | $40M |
| Retained Earnings | -$32M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$53.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $2M |
| Net Debt | -$3M |
