| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $0 | 130.7% | — |
| Op. Income | -$14M | -$16M | -$4M | 13.4% | -238.0% |
| Gross Margin | 92.2% | 100.0% | — | -7.8pp | — |
| Net Margin | -600.7% | -1599.0% | — | 998.3pp | — |
| EPS (Diluted) | $-0.66 | $-0.77 | $-0.26 | 14.3% | -153.8% |
| Free Cash Flow | -$19M | -$12M | $11M | -55.8% | -284.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $179.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$14M |
| Interest Income | $15.0K |
| Interest Expense | $58.0K |
| Other Income/Expenses | -$43.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $74.0K |
| EBIT | -$14M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $74.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $124.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$23.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $298.0K |
| NET CASH FROM FINANCING | $298.0K |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $202.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $136M |
| PP&E (Net) | $619.0K |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $142M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $976.0K |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $281M |
| Retained Earnings | -$157M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $125M |
| Minority Interest | $0 |
| TOTAL EQUITY | $125M |
| TOTAL LIABILITIES & EQUITY | $142M |
| Total Debt | $587.0K |
| Net Debt | -$129M |
