| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $16M | $6M | -47.6% | 49.8% |
| Op. Income | -$10M | -$4M | -$6M | -169.9% | -63.9% |
| Gross Margin | 49.7% | 57.7% | 52.5% | -7.9pp | -2.8pp |
| Net Margin | -113.4% | -21.9% | -110.0% | -91.5pp | -3.4pp |
| EPS (Diluted) | $-0.30 | $-0.12 | $-0.22 | -150.0% | -36.4% |
| Free Cash Flow | -$1M | -$9M | -$10M | 88.3% | 88.8% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $4M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$10M |
| Interest Income | $171.0K |
| Interest Expense | $20.0K |
| Other Income/Expenses | $106.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $267.0K |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $267.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $23.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$466.0K |
| Capital Expenditure | -$617.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$617.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$194.0K |
| NET CASH FROM FINANCING | $130.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$953.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $223M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $10M |
| Other Current Assets | $60.0K |
| TOTAL CURRENT ASSETS | $243M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $251M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $44M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $317M |
| Retained Earnings | -$110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $207M |
| Minority Interest | $0 |
| TOTAL EQUITY | $207M |
| TOTAL LIABILITIES & EQUITY | $251M |
| Total Debt | $21M |
| Net Debt | -$203M |
