| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $13M | $6M | 26.3% | 177.1% |
| Op. Income | -$4M | -$5M | -$4M | 33.1% | 9.2% |
| Gross Margin | 57.7% | 54.3% | 45.1% | 3.4pp | 12.5pp |
| Net Margin | -21.9% | -41.3% | -178.9% | 19.5pp | 157.0pp |
| EPS (Diluted) | $-0.12 | $-0.19 | $-0.44 | 36.8% | 72.7% |
| Free Cash Flow | -$9M | -$3M | $2M | -211.0% | -497.7% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $9M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9M |
| Operating Expenses | $13M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $40.0K |
| Other Income/Expenses | $63.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $289.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $289.0K |
| Stock-Based Compensation | $873.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $150.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$54.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$54.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $94M |
| NET CASH FROM FINANCING | $95M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $224M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $8M |
| Other Current Assets | $60.0K |
| TOTAL CURRENT ASSETS | $253M |
| 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 | $261M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $315M |
| Retained Earnings | -$101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $215M |
| Minority Interest | $0 |
| TOTAL EQUITY | $215M |
| TOTAL LIABILITIES & EQUITY | $261M |
| Total Debt | $21M |
| Net Debt | -$203M |
