| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | — | $69M | — | -50.8% |
| Op. Income | -$4M | — | -$97M | — | 95.6% |
| Gross Margin | 60.7% | — | 60.4% | — | 0.2pp |
| Net Margin | -7.9% | — | -139.1% | — | 131.2pp |
| EPS (Diluted) | $-0.26 | — | $-10.01 | — | 97.4% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $21M |
| R&D Expenses | $14M |
| Selling & Marketing | $3M |
| General & Administrative | $7M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $38M |
| OPERATING INCOME | -$4M |
| Interest Income | $301.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $635.2K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $2M |
| EBIT | -$4M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $140M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $166M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $50M |
| Common Stock | $48.5K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $116M |
| Minority Interest | $0 |
| TOTAL EQUITY | $116M |
| TOTAL LIABILITIES & EQUITY | $166M |
| Total Debt | $15M |
| Net Debt | -$104M |
