| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $7M | $4M | 202.9% | 455.5% |
| Op. Income | -$8M | -$23M | -$13M | 64.0% | 38.5% |
| Gross Margin | 90.2% | 100.0% | 100.0% | -9.8pp | -9.8pp |
| Net Margin | -47.1% | -373.5% | -276.2% | 326.4pp | 229.1pp |
| EPS (Diluted) | $-0.22 | $-0.59 | $-0.28 | 62.7% | 21.4% |
| Free Cash Flow | -$6M | -$29M | -$40M | 81.0% | 86.1% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $19M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$8M |
| Interest Income | $24.0K |
| Interest Expense | $119.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $2M |
| EBIT | -$10M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $138M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $183M |
| PP&E (Net) | $126M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $137M |
| TOTAL ASSETS | $320M |
| Account Payables | $15M |
| Short-Term Debt | $3M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $43M |
| Deferred Tax Liabilities | $196.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $135M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $529M |
| Retained Earnings | -$341M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $185M |
| Minority Interest | $0 |
| TOTAL EQUITY | $185M |
| TOTAL LIABILITIES & EQUITY | $320M |
| Total Debt | $24M |
| Net Debt | -$114M |
