| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $5M | $3M | 22.2% | 123.1% |
| Op. Income | -$42M | -$15M | -$44M | -178.3% | 6.3% |
| Gross Margin | 32.2% | 4.0% | 53.3% | 28.1pp | -21.1pp |
| Net Margin | -1059.3% | -83.2% | -3065.4% | -976.1pp | 2006.1pp |
| EPS (Diluted) | $-4.82 | $-0.33 | $-33.99 | -1381.6% | 85.8% |
| Free Cash Flow | -$36M | -$34M | -$27M | -4.0% | -34.4% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $2M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $5M |
| Operating Expenses | $44M |
| Cost & Expenses | $48M |
| OPERATING INCOME | -$42M |
| Interest Income | $6.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | -$63M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$63M |
| D&A | $2M |
| EBIT | -$63M |
| EBITDA | -$61M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$63M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $29M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $46M |
| FREE CASH FLOW | -$36M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $15M |
| Other Current Assets | $2.0K |
| TOTAL CURRENT ASSETS | $76M |
| PP&E (Net) | $94M |
| Goodwill | $123M |
| Intangible Assets | $123M |
| Long-Term Investments | $15M |
| Tax Assets | $10.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $358M |
| TOTAL ASSETS | $434M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $10.0K |
| Other Non-Current Liabilities | $286M |
| TOTAL NON-CURRENT LIABILITIES | $318M |
| TOTAL LIABILITIES | $344M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $812M |
| Retained Earnings | -$723M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$434M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $90M |
| Minority Interest | $0 |
| TOTAL EQUITY | $90M |
| TOTAL LIABILITIES & EQUITY | $434M |
| Total Debt | $30M |
| Net Debt | -$18M |
