| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$112M | -$108M | -$65M | -3.6% | -71.5% |
| EPS (Diluted) | $-0.46 | $-0.39 | $-0.25 | -17.9% | -84.0% |
| Free Cash Flow | -$75M | -$71M | -$37M | -6.5% | -100.8% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $66M |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $2M |
| Operating Expenses | $112M |
| Cost & Expenses | $112M |
| OPERATING INCOME | -$112M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$113M |
| Income Tax Expense | $0 |
| NET INCOME | -$113M |
| D&A | $1M |
| EBIT | -$110M |
| EBITDA | -$109M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$113M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | -$64M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $314M |
| NET CASH FROM INVESTING | $303M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$75M |
| Net Change in Cash | $234M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $299M |
| Short-Term Investments | $151M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $466M |
| PP&E (Net) | $35M |
| Goodwill | $0 |
| Intangible Assets | $400.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $506M |
| Account Payables | $6M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $96M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$804M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$100.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $410M |
| Minority Interest | $0 |
| TOTAL EQUITY | $410M |
| TOTAL LIABILITIES & EQUITY | $506M |
| Total Debt | $19M |
| Net Debt | -$280M |
