| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $2M | 7.7% | 75.2% |
| Op. Income | -$9M | -$7M | -$2M | -20.5% | -311.6% |
| Gross Margin | 73.1% | 74.2% | 78.4% | -1.1pp | -5.3pp |
| Net Margin | -289.0% | -180.6% | -162.9% | -108.3pp | -126.0pp |
| EPS (Diluted) | $-0.52 | $-0.30 | $-9.29 | -73.3% | 94.4% |
| Free Cash Flow | -$8M | -$9M | -$4M | 19.5% | -80.5% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $984.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $396.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $25.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $56.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $56.0K |
| Stock-Based Compensation | $753.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $23.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$538.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$538.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $4M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $151M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $26.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $153M |
| Account Payables | $510.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $681.0K |
| TOTAL NON-CURRENT LIABILITIES | $681.0K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $204.0K |
| Additional Paid-In Capital | $541M |
| Retained Earnings | -$395M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$198.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $146M |
| Minority Interest | $0 |
| TOTAL EQUITY | $146M |
| TOTAL LIABILITIES & EQUITY | $153M |
| Total Debt | $0 |
| Net Debt | -$142M |
