| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $233.0K | $177.0K | $155.0K | 31.6% | 50.3% |
| Op. Income | -$22M | -$22M | -$20M | -0.6% | -10.1% |
| Gross Margin | -780.3% | -9080.8% | -903.2% | 8300.5pp | 123.0pp |
| Net Margin | -8511.6% | 24059.3% | -13097.4% | -32570.9pp | 4585.8pp |
| EPS (Diluted) | $-0.16 | $0.41 | $-0.20 | -139.0% | 20.0% |
| Free Cash Flow | -$19M | -$21M | -$15M | 12.4% | -29.1% |
| Item | Amount |
|---|---|
| REVENUE | $233.0K |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$22M |
| Interest Income | $31.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $2M |
| EBIT | -$18M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $391.0K |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$22.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22.0K |
| Net Debt Issuance | -$462.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | -$461.0K |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $198M |
| Short-Term Investments | $8M |
| Net Receivables | $233.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $209M |
| PP&E (Net) | $55M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $55M |
| TOTAL ASSETS | $264M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $101M |
| TOTAL NON-CURRENT LIABILITIES | $150M |
| TOTAL LIABILITIES | $161M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $538M |
| Retained Earnings | -$434M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $104M |
| Minority Interest | $0 |
| TOTAL EQUITY | $104M |
| TOTAL LIABILITIES & EQUITY | $264M |
| Total Debt | $51M |
| Net Debt | -$147M |
