| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $9M | $8M | 25.1% | 28.7% |
| Op. Income | -$35M | -$35M | -$25M | -1.0% | -41.0% |
| Gross Margin | -180.9% | -212.3% | -174.7% | 31.4pp | -6.2pp |
| Net Margin | -357.8% | -362.8% | -719.3% | 5.0pp | 361.5pp |
| EPS (Diluted) | $-8.30 | $-6.70 | $-16.10 | -23.9% | 48.4% |
| Free Cash Flow | -$24M | -$29M | -$21M | 18.0% | -17.6% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $30M |
| GROSS PROFIT | -$19M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | -$30M |
| Operating Expenses | $16M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$35M |
| Interest Income | $96.0K |
| Interest Expense | $612.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $1M |
| EBIT | -$35M |
| EBITDA | -$34M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $16M |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $513.0K |
| NET CASH FROM FINANCING | $506.0K |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$293.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $168M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $219M |
| PP&E (Net) | $52M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $69M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $123M |
| TOTAL ASSETS | $341M |
| Account Payables | $6M |
| Short-Term Debt | $9M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $146.0K |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $89M |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $586M |
| Retained Earnings | -$333M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$314.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $253M |
| Minority Interest | $0 |
| TOTAL EQUITY | $253M |
| TOTAL LIABILITIES & EQUITY | $341M |
| Total Debt | $57M |
| Net Debt | $27M |
