| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $832.0K | — | 570.9% | — |
| Op. Income | -$98M | -$101M | — | 3.5% | — |
| Gross Margin | 6.7% | -531.4% | — | 538.1pp | — |
| Net Margin | -1644.7% | -11391.1% | — | 9746.4pp | — |
| EPS (Diluted) | $-1.68 | $-1.62 | — | -3.7% | — |
| Free Cash Flow | -$76M | -$101M | — | 24.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $373.0K |
| R&D Expenses | $72M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $103M |
| OPERATING INCOME | -$98M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$92M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$92M |
| D&A | $5M |
| EBIT | -$92M |
| EBITDA | -$87M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$92M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$74M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$252M |
| Sales/Maturities of Investments | $337M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $83M |
| Net Debt Issuance | -$83.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$67.0K |
| FREE CASH FLOW | -$76M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $731M |
| Net Receivables | $4M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $870M |
| PP&E (Net) | $98M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $281M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $382M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $80M |
| TOTAL LIABILITIES | $128M |
| Common Stock | $71.0K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | -$425M |
| Treasury Stock | -$802M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $91M |
| Net Debt | $3M |
