| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $1M | — | 51.4% |
| Op. Income | -$27M | — | -$21M | — | -26.4% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -1248.7% | — | -1483.6% | — | 234.9pp |
| EPS (Diluted) | $-0.56 | — | $-0.55 | — | -2.1% |
| Free Cash Flow | -$18M | — | -$17M | — | -1.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | -$1.2K |
| Operating Expenses | $28M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$27M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $3.5K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | -$205.8K |
| EBIT | -$27M |
| EBITDA | -$27M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $887.4K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$214.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10.5K |
| NET CASH FROM INVESTING | -$224.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $4.7K |
| Long-Term Investments | $114.6K |
| Tax Assets | $0 |
| Other Non-Current Assets | $492.2K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $119M |
| Account Payables | $6M |
| Short-Term Debt | $8M |
| Deferred Revenue | $20M |
| Other Current Liabilities | $128.6K |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $38M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $371.8K |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $88M |
| Common Stock | $1M |
| Additional Paid-In Capital | $299M |
| Retained Earnings | -$55M |
| Treasury Stock | -$236.2K |
| Accum. Other Comp. Income | -$214M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $119M |
| Total Debt | $54M |
| Net Debt | -$44M |
