| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $500.0K | $5M | $5M | -88.9% | -89.7% |
| Op. Income | -$8M | -$7M | -$4M | -9.0% | -120.8% |
| Gross Margin | 57.4% | 76.8% | 52.5% | -19.4pp | 4.9pp |
| Net Margin | -1079.0% | -143.7% | -52.9% | -935.3pp | -1026.1pp |
| EPS (Diluted) | $-0.18 | $-0.21 | $-0.09 | 14.3% | -106.2% |
| Free Cash Flow | -$5M | -$2M | $1M | -136.4% | -550.9% |
| Item | Amount |
|---|---|
| REVENUE | $500.0K |
| Cost of Revenue | $213.0K |
| GROSS PROFIT | $287.0K |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$8M |
| Interest Income | $101.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $710.0K |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $710.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$161.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$161.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $232M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $243M |
| PP&E (Net) | $28M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $271M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $873.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $264M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$244.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $266M |
| Minority Interest | $0 |
| TOTAL EQUITY | $266M |
| TOTAL LIABILITIES & EQUITY | $271M |
| Total Debt | $0 |
| Net Debt | -$232M |
