| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $10M | $7M | -27.9% | 10.6% |
| Op. Income | -$38M | -$29M | -$20M | -30.9% | -89.7% |
| Gross Margin | -393.9% | -201.5% | -205.7% | -192.5pp | -188.3pp |
| Net Margin | -509.8% | -281.3% | -297.7% | -228.5pp | -212.0pp |
| EPS (Diluted) | $-0.85 | $-0.65 | $-0.51 | -30.8% | -66.7% |
| Free Cash Flow | -$32M | -$32M | -$21M | 0.2% | -48.6% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $37M |
| GROSS PROFIT | -$29M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$37M |
| Operating Expenses | $9M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$38M |
| Interest Income | $295.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $295.0K |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $44.0K |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $757.0K |
| EBIT | -$38M |
| EBITDA | -$37M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $606.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$862.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$91M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $500.0K |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $215M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $311M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $137M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $166M |
| TOTAL ASSETS | $477M |
| Account Payables | $7M |
| Short-Term Debt | $4M |
| Deferred Revenue | $41M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $134M |
| Common Stock | $45.0K |
| Additional Paid-In Capital | $564M |
| Retained Earnings | -$221M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$608.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $342M |
| Minority Interest | $0 |
| TOTAL EQUITY | $342M |
| TOTAL LIABILITIES & EQUITY | $477M |
| Total Debt | $13M |
| Net Debt | -$67M |
