| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $7M | $9M | 8.7% | -14.0% |
| Op. Income | -$9M | -$8M | -$6M | -12.0% | -58.4% |
| Gross Margin | 76.4% | 88.2% | 75.5% | -11.8pp | 0.9pp |
| Net Margin | -125.5% | -122.2% | -68.4% | -3.3pp | -57.1pp |
| EPS (Diluted) | $-0.51 | $-0.25 | $-0.35 | -104.0% | -45.7% |
| Free Cash Flow | -$9M | -$5M | -$9M | -92.6% | -6.1% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $4M |
| Selling & Marketing | $5M |
| General & Administrative | $8M |
| SG&A Expenses | $12M |
| Other Expenses | -$734.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$9M |
| Interest Income | $12.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $28.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $4.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | -$9M |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $163.0K |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $163.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $451.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$76.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$12.0K |
| NET CASH FROM INVESTING | -$23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | $1.0K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $60M |
| Net Receivables | $4M |
| Inventory | $2M |
| Other Current Assets | $201.0K |
| TOTAL CURRENT ASSETS | $91M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $416.0K |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $106M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $882.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $571.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $335M |
| Retained Earnings | -$245M |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $98M |
| Minority Interest | $0 |
| TOTAL EQUITY | $98M |
| TOTAL LIABILITIES & EQUITY | $106M |
| Total Debt | $726.0K |
| Net Debt | -$23M |
