| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | — | $316.2K | — | 4745.9% |
| Op. Income | -$62M | — | -$64M | — | 2.3% |
| Gross Margin | 89.5% | — | 568.0% | — | -478.5pp |
| Net Margin | -421.0% | — | -18080.0% | — | 17659.0pp |
| EPS (Diluted) | $-3.92 | — | $-3.59 | — | -9.1% |
| Free Cash Flow | -$65M | — | -$76M | — | 14.4% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $14M |
| R&D Expenses | $54M |
| Selling & Marketing | $12M |
| General & Administrative | $12M |
| SG&A Expenses | $24M |
| Other Expenses | -$2M |
| Operating Expenses | $76M |
| Cost & Expenses | $77M |
| OPERATING INCOME | -$62M |
| Interest Income | $710.6K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$65M |
| Income Tax Expense | -$310.3K |
| Net Income from Continuing Ops | -$65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$3.0K |
| NET INCOME | -$65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$65M |
| D&A | $666.9K |
| EBIT | -$61M |
| EBITDA | -$60M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$65M |
| Depreciation & Amortization | $666.9K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $51M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $45M |
| FREE CASH FLOW | -$65M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $216M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $1M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $239M |
| PP&E (Net) | $95M |
| Goodwill | $4M |
| Intangible Assets | $12M |
| Long-Term Investments | $3M |
| Tax Assets | $8M |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $174M |
| TOTAL ASSETS | $414M |
| Account Payables | $14M |
| Short-Term Debt | $75M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $412.3K |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $185M |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $225M |
| TOTAL LIABILITIES | $354M |
| Common Stock | $26.3K |
| Additional Paid-In Capital | $788M |
| Retained Earnings | -$649M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $0 |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $414M |
| Total Debt | $262M |
| Net Debt | $46M |
