| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $7M | 18.8% | 61.2% |
| Op. Income | -$46M | -$43M | -$26M | -7.0% | -73.1% |
| Gross Margin | -315.4% | -348.4% | -266.6% | 32.9pp | -48.9pp |
| Net Margin | -397.1% | -442.1% | -372.0% | 44.9pp | -25.1pp |
| EPS (Diluted) | $-1.00 | $-0.95 | $-0.60 | -5.3% | -66.7% |
| Free Cash Flow | -$36M | -$46M | -$34M | 22.6% | -6.2% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $47M |
| GROSS PROFIT | -$36M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | -$47M |
| Operating Expenses | $10M |
| Cost & Expenses | $57M |
| OPERATING INCOME | -$46M |
| Interest Income | $314.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $314.0K |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$45M |
| D&A | $1M |
| EBIT | -$46M |
| EBITDA | -$44M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$45M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $661.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$65M |
| Sales/Maturities of Investments | $63M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $432.0K |
| FREE CASH FLOW | -$36M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $256M |
| Net Receivables | $0 |
| Inventory | -$700.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $307M |
| PP&E (Net) | $31M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $52M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $88M |
| TOTAL ASSETS | $394M |
| Account Payables | $6M |
| Short-Term Debt | $5M |
| Deferred Revenue | $41M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $73M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $46M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $128M |
| Common Stock | $45.0K |
| Additional Paid-In Capital | $579M |
| Retained Earnings | -$309M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $267M |
| Minority Interest | $0 |
| TOTAL EQUITY | $267M |
| TOTAL LIABILITIES & EQUITY | $394M |
| Total Debt | $15M |
| Net Debt | -$27M |
