| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85.0K | $74.0K | $506.0K | 14.9% | -83.2% |
| Op. Income | -$25M | -$24M | -$16M | -2.3% | -59.7% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -29530.6% | -28059.5% | -3163.4% | -1471.1pp | -26367.1pp |
| EPS (Diluted) | $-0.05 | $-0.04 | $-0.03 | -20.9% | -56.5% |
| Free Cash Flow | -$26M | -$17M | -$17M | -57.2% | -53.8% |
| Item | Amount |
|---|---|
| REVENUE | $85.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $85.0K |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$25M |
| Interest Income | $35.0K |
| Interest Expense | $340.0K |
| Other Income/Expenses | -$305.0K |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $20.0K |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $1M |
| EBIT | -$25M |
| EBITDA | -$24M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $305.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $48.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $24M |
| Net Receivables | $81.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $154M |
| PP&E (Net) | $20M |
| Goodwill | $5M |
| Intangible Assets | $10M |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $46M |
| TOTAL ASSETS | $200M |
| Account Payables | $4M |
| Short-Term Debt | $836.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $186.0K |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $411M |
| Retained Earnings | -$244M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$309.0K |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $166M |
| Minority Interest | $0 |
| TOTAL EQUITY | $166M |
| TOTAL LIABILITIES & EQUITY | $200M |
| Total Debt | $25M |
| Net Debt | -$99M |
