| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $26M | $17M | 7.0% | 63.2% |
| Op. Income | -$41M | -$30M | -$32M | -35.4% | -29.0% |
| Gross Margin | 11.8% | 11.2% | 2.4% | 0.6pp | 9.4pp |
| Net Margin | -146.5% | -115.8% | -185.8% | -30.7pp | 39.3pp |
| EPS (Diluted) | $-0.87 | $-0.65 | $-0.75 | -33.8% | -16.0% |
| Free Cash Flow | -$34M | -$29M | -$29M | -17.1% | -17.6% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $3M |
| R&D Expenses | $11M |
| Selling & Marketing | $23M |
| General & Administrative | $10M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $69M |
| OPERATING INCOME | -$41M |
| Interest Income | $123.0K |
| Interest Expense | $431.0K |
| Other Income/Expenses | -$308.0K |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | $125.0K |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $2M |
| EBIT | -$41M |
| EBITDA | -$39M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $406.0K |
| Change in Working Capital | $930.0K |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$851.0K |
| Acquisitions (Net) | $16M |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $934.0K |
| NET CASH FROM FINANCING | $934.0K |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $182M |
| Short-Term Investments | $157M |
| Net Receivables | $26M |
| Inventory | $39M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $410M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $33M |
| Tax Assets | $0 |
| Other Non-Current Assets | $156.0K |
| TOTAL NON-CURRENT ASSETS | $54M |
| TOTAL ASSETS | $463M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $312.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $721.0K |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $89M |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$626M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$184.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $374M |
| Minority Interest | $0 |
| TOTAL EQUITY | $374M |
| TOTAL LIABILITIES & EQUITY | $463M |
| Total Debt | $38M |
| Net Debt | -$145M |
