| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $4M | $2M | -49.7% | 14.9% |
| Op. Income | -$20M | -$16M | -$26M | -23.0% | 21.3% |
| Gross Margin | -601.7% | -231.2% | -1076.0% | -370.5pp | 474.3pp |
| Net Margin | -1009.0% | -349.0% | -1395.9% | -660.0pp | 387.0pp |
| EPS (Diluted) | $-0.97 | $-0.48 | $-1.09 | -100.0% | 11.6% |
| Free Cash Flow | -$25M | -$25M | $3M | -1.1% | -1073.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $16M |
| GROSS PROFIT | -$14M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $662.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$20M |
| Interest Income | $58.0K |
| Interest Expense | $146.4K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $2.5K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $796.9K |
| EBIT | -$23M |
| EBITDA | -$22M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $796.9K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2.5K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$495.2K |
| Acquisitions (Net) | -$175.7K |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $220.2K |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | -$375.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $89.1K |
| NET CASH FROM FINANCING | -$286.4K |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $78M |
| Net Receivables | $33M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $209M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $420.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $220M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $83M |
| Common Stock | $4M |
| Additional Paid-In Capital | $452M |
| Retained Earnings | -$319M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $137M |
| Minority Interest | $0 |
| TOTAL EQUITY | $137M |
| TOTAL LIABILITIES & EQUITY | $220M |
| Total Debt | $8M |
| Net Debt | -$84M |
