| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $247.0K | $3M | $7M | -91.0% | -96.6% |
| Op. Income | -$30M | -$28M | -$19M | -9.8% | -55.7% |
| Gross Margin | 100.0% | -527.7% | -152.1% | 627.7pp | 252.1pp |
| Net Margin | -13291.1% | -1065.6% | -266.1% | -12225.5pp | -13025.0pp |
| EPS (Diluted) | $-1.09 | $-0.91 | $-0.66 | -19.8% | -65.2% |
| Free Cash Flow | -$28M | -$27M | -$15M | -3.3% | -82.3% |
| Item | Amount |
|---|---|
| REVENUE | $247.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $247.0K |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | -$2M |
| Operating Expenses | $30M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$30M |
| Interest Income | $72.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $189.0K |
| EBIT | -$30M |
| EBITDA | -$30M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $189.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $188.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $50M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $146M |
| Account Payables | $5M |
| Short-Term Debt | $52M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $128.0K |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $83M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $463M |
| Retained Earnings | -$400M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $62M |
| Minority Interest | $0 |
| TOTAL EQUITY | $62M |
| TOTAL LIABILITIES & EQUITY | $146M |
| Total Debt | $58M |
| Net Debt | -$14M |
