| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $7M | $5M | -24.5% | -0.6% |
| Op. Income | -$15M | -$12M | -$10M | -20.1% | -49.8% |
| Gross Margin | -49.7% | -19.0% | -60.3% | -30.7pp | 10.6pp |
| Net Margin | -280.4% | -362.2% | -216.5% | 81.7pp | -64.0pp |
| EPS (Diluted) | $-0.35 | $-0.71 | $-0.36 | 50.7% | 2.8% |
| Free Cash Flow | -$15M | -$20M | -$5M | 24.9% | -180.5% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $8M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $3M |
| Selling & Marketing | $3M |
| General & Administrative | $6M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$15M |
| Interest Income | $0 |
| Interest Expense | $19.0K |
| Other Income/Expenses | -$15.0K |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $34.0K |
| 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 | $450.0K |
| EBIT | -$15M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $450.0K |
| Stock-Based Compensation | $678.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $31.0K |
| Change in Working Capital | $559.0K |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$12.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $96.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $178M |
| Short-Term Investments | $15M |
| Net Receivables | $6M |
| Inventory | $16M |
| Other Current Assets | $440.0K |
| TOTAL CURRENT ASSETS | $218M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $241M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $415.0K |
| Additional Paid-In Capital | $536M |
| Retained Earnings | -$315M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $221M |
| Minority Interest | $0 |
| TOTAL EQUITY | $221M |
| TOTAL LIABILITIES & EQUITY | $241M |
| Total Debt | $0 |
| Net Debt | -$178M |
