| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $38M | $28M | 10.7% | 49.2% |
| Op. Income | -$56M | -$40M | -$33M | -40.5% | -70.6% |
| Gross Margin | 35.6% | 40.7% | 35.5% | -5.1pp | 0.1pp |
| Net Margin | -108.4% | -108.7% | -116.8% | 0.2pp | 8.4pp |
| EPS (Diluted) | $-0.91 | $-0.84 | $-0.72 | -8.3% | -26.4% |
| Free Cash Flow | -$59M | -$43M | -$29M | -38.6% | -108.1% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $15M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | -$3M |
| Operating Expenses | $71M |
| Cost & Expenses | $98M |
| OPERATING INCOME | -$56M |
| Interest Income | $154.0K |
| Interest Expense | $26.0K |
| Other Income/Expenses | -$28.0K |
| INCOME BEFORE TAX | -$56M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | -$46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $3M |
| EBIT | -$56M |
| EBITDA | -$53M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$47M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$218M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$227M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$59M |
| Net Change in Cash | -$274M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $192M |
| Short-Term Investments | $110M |
| Net Receivables | $33M |
| Inventory | $40M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $385M |
| PP&E (Net) | $137M |
| Goodwill | $84M |
| Intangible Assets | $64M |
| Long-Term Investments | $108M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $401M |
| TOTAL ASSETS | $786M |
| Account Payables | $23M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $80M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $80M |
| TOTAL LIABILITIES | $160M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$656M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $363.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $626M |
| Minority Interest | $0 |
| TOTAL EQUITY | $626M |
| TOTAL LIABILITIES & EQUITY | $786M |
| Total Debt | $73M |
| Net Debt | -$119M |
