| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $866.0K | -$2M | $1M | 135.3% | -34.2% |
| Op. Income | -$5M | -$8M | -$4M | 35.1% | -30.8% |
| Gross Margin | 95.2% | 102.4% | 97.3% | -7.2pp | -2.2pp |
| Net Margin | -661.5% | 328.8% | -268.8% | -990.3pp | -392.8pp |
| EPS (Diluted) | $-0.18 | $-0.00 | $-0.01 | -4086.0% | -3296.2% |
| Free Cash Flow | -$5M | -$5M | -$6M | -13.6% | 5.5% |
| Item | Amount |
|---|---|
| REVENUE | $866.0K |
| Cost of Revenue | $42.0K |
| GROSS PROFIT | $824.0K |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $236.0K |
| Other Income/Expenses | -$601.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | -$437.7K |
| D&A | $48.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $48.0K |
| Stock-Based Compensation | $70.0K |
| Deferred Income Tax | $365.0K |
| Other Non-Cash Items | $187.0K |
| Change in Working Capital | -$265.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$47.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$47.0K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $738.0K |
| Net Receivables | $79.0K |
| Inventory | $32.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $398.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $951.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $35M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $0 |
| Additional Paid-In Capital | $95M |
| Retained Earnings | -$172M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $78.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | $78.0K |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $7M |
| Net Debt | -$22M |
