| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$181M | -$112M | -$80M | -62.0% | -126.2% |
| EPS (Diluted) | $-0.73 | $-0.46 | $-0.30 | -58.7% | -143.3% |
| Free Cash Flow | -$65M | -$75M | -$47M | 13.2% | -38.4% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $63M |
| Selling & Marketing | $0 |
| General & Administrative | $118M |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $181M |
| Cost & Expenses | $181M |
| OPERATING INCOME | -$181M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$184M |
| Income Tax Expense | $200.0K |
| NET INCOME | -$184M |
| D&A | $1M |
| EBIT | -$181M |
| EBITDA | -$180M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$184M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $86M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | -$57M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $151M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $143M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $100.0K |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$65M |
| Net Change in Cash | $108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $408M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $423M |
| PP&E (Net) | $52M |
| Goodwill | $0 |
| Intangible Assets | $400.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $482M |
| Account Payables | $15M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $158M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $48M |
| TOTAL LIABILITIES | $205M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$988M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $276M |
| Minority Interest | $0 |
| TOTAL EQUITY | $276M |
| TOTAL LIABILITIES & EQUITY | $482M |
| Total Debt | $22M |
| Net Debt | -$386M |
