| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $5M | -20.1% | -16.7% |
| Op. Income | -$15M | -$15M | -$10M | -3.0% | -54.8% |
| Gross Margin | -46.3% | -49.7% | -41.4% | 3.4pp | -4.9pp |
| Net Margin | -358.9% | -280.4% | -442.5% | -78.5pp | 83.6pp |
| EPS (Diluted) | $-0.35 | $-0.35 | $-0.70 | 0.0% | 50.0% |
| Free Cash Flow | -$19M | -$15M | -$12M | -29.0% | -66.4% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $6M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $4M |
| Selling & Marketing | $3M |
| General & Administrative | $6M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$15M |
| Interest Income | $0 |
| Interest Expense | $11.0K |
| Other Income/Expenses | $92.0K |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $23.0K |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $560.0K |
| EBIT | -$15M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $560.0K |
| Stock-Based Compensation | $983.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $275.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$97M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$100M |
| Net Debt Issuance | -$8.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $471.0K |
| NET CASH FROM FINANCING | $463.0K |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$116M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $100M |
| Net Receivables | $4M |
| Inventory | $18M |
| Other Current Assets | $741.0K |
| TOTAL CURRENT ASSETS | $187M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $22M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $230M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $735.0K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $420.0K |
| Additional Paid-In Capital | $537M |
| Retained Earnings | -$330M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$604.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $207M |
| Minority Interest | $0 |
| TOTAL EQUITY | $207M |
| TOTAL LIABILITIES & EQUITY | $230M |
| Total Debt | $8M |
| Net Debt | -$54M |
