| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$94M | -$80M | -$176M | -17.0% | 46.8% |
| EPS (Diluted) | $-0.38 | $-0.30 | $-2.00 | -26.7% | 81.0% |
| Free Cash Flow | -$52M | -$47M | -$61M | -11.0% | 14.9% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $6M |
| Operating Expenses | $94M |
| Cost & Expenses | $94M |
| OPERATING INCOME | -$94M |
| Interest Income | $2M |
| Interest Expense | $300.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$91M |
| Income Tax Expense | $0 |
| NET INCOME | -$91M |
| D&A | $1M |
| EBIT | -$88M |
| EBITDA | -$86M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$91M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$51M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$488M |
| NET CASH FROM INVESTING | -$489M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $100.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | -$542M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $488M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $615M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $400.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $900.0K |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $638M |
| Account Payables | $5M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $80M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$596M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $557M |
| Minority Interest | $0 |
| TOTAL EQUITY | $557M |
| TOTAL LIABILITIES & EQUITY | $638M |
| Total Debt | $23M |
| Net Debt | -$89M |
