| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $2M | $35.0K | -17.6% | 4180.0% |
| Op. Income | -$53M | -$51M | -$34M | -3.3% | -53.2% |
| Gross Margin | 84.6% | 87.0% | 88.6% | -2.4pp | -3.9pp |
| Net Margin | -3522.3% | -2359.2% | 125000.0% | -1163.1pp | -128522.3pp |
| EPS (Diluted) | $-1.05 | $-0.85 | $0.90 | -23.5% | -216.7% |
| Free Cash Flow | -$54M | -$41M | -$34M | -32.6% | -60.3% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $230.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $54M |
| OPERATING INCOME | -$53M |
| Interest Income | $160.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$73.0K |
| INCOME BEFORE TAX | -$53M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$53M |
| D&A | $350.0K |
| EBIT | -$53M |
| EBITDA | -$52M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$53M |
| Depreciation & Amortization | $350.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$65.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$54M |
| Capital Expenditure | -$127.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $112M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $73M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $399.0K |
| NET CASH FROM FINANCING | $399.0K |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $162M |
| Net Receivables | $862.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $253M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $31M |
| TOTAL ASSETS | $285M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $49M |
| Common Stock | $50.0K |
| Additional Paid-In Capital | $818M |
| Retained Earnings | -$582M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$629.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $236M |
| Minority Interest | $0 |
| TOTAL EQUITY | $236M |
| TOTAL LIABILITIES & EQUITY | $285M |
| Total Debt | $2M |
| Net Debt | -$76M |
