| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$54M | -$52M | -$53M | -5.2% | -2.1% |
| EPS (Diluted) | $-0.81 | $-0.74 | $-0.78 | -9.5% | -3.8% |
| Free Cash Flow | -$54M | -$41M | -$60M | -32.1% | 10.1% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $42M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $20.0K |
| Operating Expenses | $54M |
| Cost & Expenses | $54M |
| OPERATING INCOME | -$54M |
| Interest Income | $224.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$58M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$58M |
| D&A | $1M |
| EBIT | -$54M |
| EBITDA | -$53M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$58M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $437.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$177.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$20.0K |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $721.0K |
| NET CASH FROM FINANCING | $721.0K |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $133M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $64.0K |
| TOTAL CURRENT ASSETS | $281M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $295M |
| Account Payables | $592.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $224M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $230M |
| TOTAL LIABILITIES | $265M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $891M |
| Retained Earnings | -$861M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$340.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $295M |
| Total Debt | $233M |
| Net Debt | $94M |
