| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $928.3K | 0.3% | 60.6% |
| Op. Income | -$5M | -$4M | -$6M | -37.3% | 13.5% |
| Gross Margin | 80.4% | 76.1% | 11.8% | 4.3pp | 68.7pp |
| Net Margin | -331.8% | -268.5% | -681.2% | -63.3pp | 349.4pp |
| EPS (Diluted) | $-1.05 | $-0.86 | $-2.09 | -22.1% | 49.8% |
| Free Cash Flow | -$4M | -$3M | -$3M | -26.3% | -40.8% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $291.7K |
| GROSS PROFIT | $1M |
| R&D Expenses | $741.7K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$5M |
| Interest Income | $2.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $550.5K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $25.5K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $95.1K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $95.1K |
| Stock-Based Compensation | $761.5K |
| Deferred Income Tax | $25.5K |
| Other Non-Cash Items | -$552.1K |
| Change in Working Capital | $262.8K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5.1B |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $5.1B |
| 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 | -$3.1K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $438.0K |
| Inventory | $1M |
| Other Current Assets | -$572 |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $760.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $43M |
| Account Payables | $938.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $700.0K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $161M |
| Retained Earnings | -$124M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $43M |
| Total Debt | $761.0K |
| Net Debt | -$34M |
