| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | — | -26.2% | — |
| Op. Income | -$60M | -$76M | — | 21.5% | — |
| Gross Margin | 47.5% | 33.9% | — | 13.6pp | — |
| Net Margin | -2018.7% | -1786.5% | — | -232.2pp | — |
| EPS (Diluted) | $-0.93 | $-1.17 | — | 20.3% | — |
| Free Cash Flow | -$43M | -$291M | -$33M | 85.2% | -32.1% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $81M |
| OPERATING INCOME | -$60M |
| Interest Income | $479.7K |
| Interest Expense | $0 |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | -$76M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$76M |
| D&A | $891.4K |
| EBIT | -$60M |
| EBITDA | -$59M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$76M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$42M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $542M |
| Short-Term Investments | $31M |
| Net Receivables | $43M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $630M |
| PP&E (Net) | $24M |
| Goodwill | $24M |
| Intangible Assets | $17M |
| Long-Term Investments | $32M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $99M |
| TOTAL ASSETS | $729M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $364.3K |
| TOTAL CURRENT LIABILITIES | $86M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $143M |
| Common Stock | $19.1K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$789M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $587M |
| Minority Interest | $0 |
| TOTAL EQUITY | $587M |
| TOTAL LIABILITIES & EQUITY | $729M |
| Total Debt | $15M |
| Net Debt | -$527M |
