| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $101M | $59M | -35.8% | 8.9% |
| Op. Income | -$90M | -$69M | -$42M | -29.0% | -115.6% |
| Gross Margin | 39.5% | 46.8% | 51.8% | -7.3pp | -12.3pp |
| Net Margin | -138.8% | -69.2% | -70.9% | -69.6pp | -67.8pp |
| EPS (Diluted) | $-4.01 | $-3.19 | $-2.07 | -25.7% | -93.7% |
| Free Cash Flow | -$76M | -$38M | -$46M | -97.8% | -65.4% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $25M |
| R&D Expenses | $52M |
| Selling & Marketing | $33M |
| General & Administrative | $30M |
| SG&A Expenses | $63M |
| Other Expenses | -$435.0K |
| Operating Expenses | $115M |
| Cost & Expenses | $154M |
| OPERATING INCOME | -$90M |
| Interest Income | $245.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$190.0K |
| INCOME BEFORE TAX | -$90M |
| Income Tax Expense | -$254.0K |
| Net Income from Continuing Ops | -$90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$90M |
| D&A | $9M |
| EBIT | -$90M |
| EBITDA | -$80M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$90M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9.0K |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$73M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$76M |
| Net Change in Cash | -$74M |
