| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $10M | $6M | 14.1% | 78.4% |
| Op. Income | -$4M | -$5M | -$6M | 16.1% | 34.7% |
| Gross Margin | 90.8% | 87.9% | 89.3% | 2.9pp | 1.5pp |
| Net Margin | -35.1% | -48.0% | -109.4% | 12.9pp | 74.3pp |
| EPS (Diluted) | $-0.04 | $-0.05 | $-0.09 | 18.8% | 55.3% |
| Free Cash Flow | -$10M | -$2M | -$5M | -365.5% | -95.8% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $11M |
| R&D Expenses | $4M |
| Selling & Marketing | $4M |
| General & Administrative | $7M |
| SG&A Expenses | $10M |
| Other Expenses | $447.3K |
| Operating Expenses | $15M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$4M |
| Interest Income | $91.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $91.8K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $487.4K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $487.4K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$400 |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $201M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $195M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $892.6K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | $192M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $240M |
| Short-Term Investments | $6M |
| Net Receivables | $11M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $266M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $291M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $451.1K |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $1M |
| Additional Paid-In Capital | $380M |
| Retained Earnings | -$118M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $262M |
| Minority Interest | $0 |
| TOTAL EQUITY | $262M |
| TOTAL LIABILITIES & EQUITY | $291M |
| Total Debt | $13M |
| Net Debt | -$227M |
