| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $0 | $0 | — | — |
| Op. Income | $21M | -$46M | -$3M | 145.0% | 803.7% |
| Gross Margin | 100.0% | — | — | — | — |
| Net Margin | -46.8% | — | — | — | — |
| EPS (Diluted) | $-0.25 | $-0.12 | $-0.22 | -108.3% | -13.6% |
| Free Cash Flow | -$17M | -$8M | -$6M | -109.0% | -181.2% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $43M |
| R&D Expenses | $10M |
| Selling & Marketing | $3M |
| General & Administrative | $10M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $1.0K |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $128.0K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $1M |
| EBIT | -$20M |
| EBITDA | -$19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$83.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$83.0K |
| Net Debt Issuance | -$10.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $215M |
| NET CASH FROM FINANCING | $215M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $198M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $304M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $338M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $352M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $51M |
| TOTAL LIABILITIES | $56M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $384M |
| Retained Earnings | -$89M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$229.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $295M |
| Minority Interest | $0 |
| TOTAL EQUITY | $295M |
| TOTAL LIABILITIES & EQUITY | $352M |
| Total Debt | $1M |
| Net Debt | -$302M |
