| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $4M | $832.0K | 30.1% | 574.2% |
| Op. Income | -$91M | -$99M | -$101M | 8.6% | 10.4% |
| Gross Margin | 11.7% | -11.1% | -531.4% | 22.9pp | 543.1pp |
| Net Margin | -1444.4% | 847.5% | -11391.1% | -2291.9pp | 9946.7pp |
| EPS (Diluted) | $-1.29 | $3.14 | $-1.62 | -141.1% | 20.4% |
| Free Cash Flow | -$96M | -$66M | -$101M | -44.2% | 4.9% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $657.0K |
| R&D Expenses | $66M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $96M |
| OPERATING INCOME | -$91M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | -$81M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$81M |
| D&A | $4M |
| EBIT | -$81M |
| EBITDA | -$77M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$81M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$95M |
| Capital Expenditure | -$399.0K |
| Acquisitions (Net) | $150.0K |
| Purchases of Investments | -$128M |
| Sales/Maturities of Investments | $186M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $58M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$96M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $104M |
| Short-Term Investments | $635M |
| Net Receivables | $2M |
| Inventory | $11M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $792M |
| PP&E (Net) | $84M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $272M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $360M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $70M |
| TOTAL LIABILITIES | $115M |
| Common Stock | $72.0K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | -$552M |
| Treasury Stock | -$802M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $82M |
| Net Debt | -$22M |
