| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $25M | $23M | -26.5% | -17.3% |
| Op. Income | -$35M | -$40M | -$35M | 11.3% | -2.3% |
| Gross Margin | 74.6% | 79.2% | 75.3% | -4.6pp | -0.6pp |
| Net Margin | -230.0% | -186.6% | -186.4% | -43.4pp | -43.6pp |
| EPS (Diluted) | $-5.03 | $-5.62 | $-7.34 | 10.5% | 31.5% |
| Free Cash Flow | -$41M | -$38M | -$31M | -6.9% | -33.3% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $14M |
| R&D Expenses | $1M |
| Selling & Marketing | $22M |
| General & Administrative | $26M |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $54M |
| OPERATING INCOME | -$35M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $1M |
| EBIT | -$42M |
| EBITDA | -$41M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $119.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $8M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $119M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $169M |
| Account Payables | $3M |
| Short-Term Debt | $188M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $253M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $263M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $958M |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$94M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$94M |
| TOTAL LIABILITIES & EQUITY | $169M |
| Total Debt | $198M |
| Net Debt | $133M |
