| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $1M | -34.3% | 7.2% |
| Op. Income | -$21M | -$28M | -$26M | 24.6% | 19.7% |
| Gross Margin | -130.3% | -43.7% | -90.0% | -86.6pp | -40.3pp |
| Net Margin | -1250.5% | -1150.7% | -1733.2% | -99.9pp | 482.6pp |
| EPS (Diluted) | $-0.21 | $-0.30 | $-0.28 | 30.0% | 25.0% |
| Free Cash Flow | -$19M | -$24M | -$25M | 20.0% | 24.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$21M |
| Interest Income | $0 |
| Interest Expense | $287.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | -$500.0K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $4M |
| EBIT | -$20M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$518.0K |
| Other Non-Cash Items | -$820.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$560.0K |
| Acquisitions (Net) | $133.0K |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$15.0K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $104M |
| Net Receivables | $2M |
| Inventory | $15M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $187M |
| PP&E (Net) | $58M |
| Goodwill | $21M |
| Intangible Assets | $52M |
| Long-Term Investments | $2M |
| Tax Assets | $18M |
| Other Non-Current Assets | -$16M |
| TOTAL NON-CURRENT ASSETS | $134M |
| TOTAL ASSETS | $321M |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $445.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $238.0K |
| Other Non-Current Liabilities | $35.0K |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $47M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $570M |
| Retained Earnings | -$296M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$120.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $274M |
| Minority Interest | $0 |
| TOTAL EQUITY | $274M |
| TOTAL LIABILITIES & EQUITY | $321M |
| Total Debt | $23M |
| Net Debt | -$37M |
