| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.0K | $30.0K | $86.0K | -26.7% | -74.4% |
| Op. Income | -$81M | -$99M | -$77M | 18.7% | -5.2% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -360145.5% | -333226.7% | -86961.6% | -26918.8pp | -273183.8pp |
| EPS (Diluted) | $-0.54 | $-0.68 | $-0.52 | 20.6% | -3.8% |
| Free Cash Flow | -$62M | -$68M | -$44M | 8.2% | -41.5% |
| Item | Amount |
|---|---|
| REVENUE | $22.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $22.0K |
| R&D Expenses | $62M |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $81M |
| Cost & Expenses | $81M |
| OPERATING INCOME | -$81M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$79M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$79M |
| D&A | $4M |
| EBIT | -$81M |
| EBITDA | -$77M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$79M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$62M |
| Capital Expenditure | -$288.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$135M |
| Sales/Maturities of Investments | $153M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $90M |
| FREE CASH FLOW | -$62M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $337M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $502M |
| PP&E (Net) | $187M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $62M |
| Tax Assets | $0 |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $269M |
| TOTAL ASSETS | $771M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $229.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $93M |
| TOTAL LIABILITIES | $148M |
| Common Stock | $167.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $623M |
| Minority Interest | $0 |
| TOTAL EQUITY | $623M |
| TOTAL LIABILITIES & EQUITY | $771M |
| Total Debt | $92M |
| Net Debt | -$63M |
