| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $0 | $0 | — | — |
| Op. Income | -$31M | -$28M | -$22M | -11.1% | -41.7% |
| Gross Margin | 100.0% | — | — | — | — |
| Net Margin | -2856.6% | — | — | — | — |
| EPS (Diluted) | $-0.68 | $-0.73 | $-0.66 | 6.8% | -3.0% |
| Free Cash Flow | -$23M | -$26M | -$16M | 11.2% | -43.6% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$31M |
| Interest Income | $80.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $94.0K |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $235.0K |
| EBIT | -$31M |
| EBITDA | -$31M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $235.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $186.0K |
| Other Non-Cash Items | -$996.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$18.0K |
| Acquisitions (Net) | $102M |
| Purchases of Investments | -$102M |
| Sales/Maturities of Investments | $244.0K |
| Other Investing Activities | -$102M |
| NET CASH FROM INVESTING | -$102M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $164M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $201M |
| Short-Term Investments | $133M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $345M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $568.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $351M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $608M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$275M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$382.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $332M |
| Minority Interest | $0 |
| TOTAL EQUITY | $332M |
| TOTAL LIABILITIES & EQUITY | $351M |
| Total Debt | $3M |
| Net Debt | -$198M |
