| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $2M | 2.4% | 22.1% |
| Op. Income | -$48M | -$49M | -$40M | 1.7% | -22.3% |
| Gross Margin | -41.4% | 100.0% | 100.0% | -141.4pp | -141.4pp |
| Net Margin | -2966.2% | -1774.0% | -1680.7% | -1192.1pp | -1285.5pp |
| EPS (Diluted) | $-0.34 | $-0.20 | $-0.16 | -69.2% | -115.5% |
| Free Cash Flow | -$43M | -$37M | -$52M | -17.1% | 15.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$48M |
| Interest Income | $323.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | -$84M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$84M |
| D&A | $4M |
| EBIT | -$84M |
| EBITDA | -$80M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$84M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $43M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$40.0K |
| Purchases of Investments | -$134M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | -$100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $294M |
| Short-Term Investments | $321M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $626M |
| PP&E (Net) | $167M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $331M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $501M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $80M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $151M |
| TOTAL LIABILITIES | $198M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$584M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $930M |
| Minority Interest | $0 |
| TOTAL EQUITY | $930M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $68M |
| Net Debt | -$226M |
