| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $0 | $0 | — | — |
| Op. Income | -$37M | -$28M | -$18M | -33.8% | -107.3% |
| Gross Margin | 100.0% | — | — | — | — |
| Net Margin | -3545.7% | — | — | — | — |
| EPS (Diluted) | $-0.66 | $-0.52 | $-0.33 | -26.9% | -100.0% |
| Free Cash Flow | $83M | -$41M | -$24M | 301.3% | 443.6% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $10M |
| Operating Expenses | $38M |
| Cost & Expenses | $38M |
| OPERATING INCOME | -$37M |
| Interest Expense | $314.0K |
| Other Income/Expenses | -$61.0K |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | $16.0K |
| NET INCOME | -$38M |
| D&A | $1M |
| EBIT | -$37M |
| EBITDA | -$36M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $264.0K |
| Change in Working Capital | $120M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$55M |
| Purchases of Investments | -$103M |
| Sales/Maturities of Investments | $63M |
| Other Investing Activities | $55M |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | $83M |
| Net Change in Cash | $70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $235M |
| Net Receivables | $247.0K |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $365M |
| PP&E (Net) | $76M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $105M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $185M |
| TOTAL ASSETS | $550M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $116M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $142M |
| TOTAL LIABILITIES | $164M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $815M |
| Retained Earnings | -$426M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $387M |
| Minority Interest | $0 |
| TOTAL EQUITY | $387M |
| TOTAL LIABILITIES & EQUITY | $550M |
| Total Debt | $25M |
| Net Debt | -$101M |
