| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $641.2K | $455.3K | $327.2K | 40.8% | 96.0% |
| Op. Income | -$481.7K | -$302.4K | -$148.0K | -59.3% | -225.5% |
| Gross Margin | -60.1% | -30.5% | -47.0% | -29.6pp | -13.0pp |
| Net Margin | -76.5% | -67.6% | -14.6% | -8.9pp | -61.8pp |
| EPS (Diluted) | $-0.50 | $-0.26 | $-0.07 | -94.4% | -600.0% |
| Free Cash Flow | -$483.6K | -$279.0K | $98.7K | -73.3% | -589.7% |
| Item | Amount |
|---|---|
| REVENUE | $641.2K |
| Cost of Revenue | $1M |
| GROSS PROFIT | -$385.3K |
| R&D Expenses | $277.1K |
| Selling & Marketing | $14.1K |
| General & Administrative | $125.9K |
| SG&A Expenses | $148.2K |
| Other Expenses | $0 |
| Operating Expenses | $96.5K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$481.7K |
| Interest Income | $8.8K |
| Interest Expense | $0 |
| Other Income/Expenses | -$8.8K |
| INCOME BEFORE TAX | -$490.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$490.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$490.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$490.5K |
| D&A | $63.7K |
| EBIT | -$481.7K |
| EBITDA | -$418.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$490.5K |
| Depreciation & Amortization | $71.6K |
| Stock-Based Compensation | $28.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$81.2K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$471.5K |
| Capital Expenditure | -$12.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$93.5K |
| NET CASH FROM INVESTING | -$105.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $617.0K |
| NET CASH FROM FINANCING | $617.0K |
| FREE CASH FLOW | -$483.6K |
| Net Change in Cash | $40.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $544.7K |
| Short-Term Investments | $0 |
| Net Receivables | $607.6K |
| Inventory | $0 |
| Other Current Assets | $216.2K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $353.6K |
| Goodwill | $0 |
| Intangible Assets | $865.9K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $3M |
| Account Payables | $944.5K |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $350.3K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $865.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $25M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$30M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $2M |
| Net Debt | $1M |
