| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $178.0K | — | $202.0K | — | -11.9% |
| Op. Income | -$176M | — | -$115M | — | -53.6% |
| Gross Margin | -17116.9% | — | -9773.8% | — | -7343.1pp |
| Net Margin | -100683.7% | — | -56021.3% | — | -44662.4pp |
| EPS (Diluted) | $-2.32 | — | $-1.51 | — | -53.6% |
| Free Cash Flow | -$151M | -$95M | -$108M | -58.1% | -39.8% |
| Item | Amount |
|---|---|
| REVENUE | $178.0K |
| Cost of Revenue | $31M |
| GROSS PROFIT | -$30M |
| R&D Expenses | $118M |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | -$762.0K |
| Operating Expenses | $146M |
| Cost & Expenses | $176M |
| OPERATING INCOME | -$176M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $363.0K |
| INCOME BEFORE TAX | -$176M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$179M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$179M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$179M |
| D&A | $6M |
| EBIT | -$176M |
| EBITDA | -$170M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$179M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$135M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$323M |
| Sales/Maturities of Investments | $224M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$115M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$151M |
| Net Change in Cash | -$239M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $684M |
| Short-Term Investments | $1.5B |
| Net Receivables | $143.0K |
| Inventory | $0 |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $329M |
| Goodwill | $0 |
| Intangible Assets | $112.0K |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $346M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $27M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $114M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $248M |
| TOTAL LIABILITIES | $361M |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | -$375M |
| Treasury Stock | -$63.0K |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $239M |
| Net Debt | -$445M |
