| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | $246.7K | — | 1821.8% |
| Op. Income | -$36M | — | -$18M | — | -95.3% |
| Gross Margin | 86.2% | — | -129.4% | — | 215.6pp |
| Net Margin | -653.5% | — | -8511.8% | — | 7858.4pp |
| EPS (Diluted) | $-0.78 | — | $-0.55 | — | -42.6% |
| Free Cash Flow | -$33M | — | -$28M | — | -19.0% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $652.4K |
| GROSS PROFIT | $4M |
| R&D Expenses | $34M |
| Selling & Marketing | $123.9K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$36M |
| Interest Income | $53.8K |
| Interest Expense | $107.6K |
| Other Income/Expenses | -$235.0K |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $551.9K |
| EBIT | -$33M |
| EBITDA | -$33M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $551.9K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$439.6K |
| Acquisitions (Net) | $40.9K |
| Purchases of Investments | $1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $30M |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $458.3K |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $134M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $900.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $142M |
| Account Payables | $17M |
| Short-Term Debt | $1M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $543.8K |
| Additional Paid-In Capital | $193M |
| Retained Earnings | -$58M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$90M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $103M |
| Minority Interest | $0 |
| TOTAL EQUITY | $103M |
| TOTAL LIABILITIES & EQUITY | $142M |
| Total Debt | $12M |
| Net Debt | -$89M |
