| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $21M | 6.3% | -93.8% |
| Op. Income | -$30M | -$28M | -$7M | -6.6% | -338.2% |
| Gross Margin | -1606.4% | -1614.1% | -6.4% | 7.7pp | -1600.0pp |
| Net Margin | -2591.0% | -2677.1% | -31.9% | 86.1pp | -2559.1pp |
| EPS (Diluted) | $-1.32 | $-1.32 | $-0.24 | 0.0% | -450.0% |
| Free Cash Flow | -$18M | -$24M | -$7M | 26.5% | -147.9% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $22M |
| GROSS PROFIT | -$21M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$22M |
| Operating Expenses | $9M |
| Cost & Expenses | $31M |
| OPERATING INCOME | -$30M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $585.0K |
| EBIT | -$27M |
| EBITDA | -$27M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $585.0K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$50.0K |
| Acquisitions (Net) | $32M |
| Purchases of Investments | -$180M |
| Sales/Maturities of Investments | $148M |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $34M |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $384M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $450M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $148M |
| Tax Assets | $0 |
| Other Non-Current Assets | $256.0K |
| TOTAL NON-CURRENT ASSETS | $168M |
| TOTAL ASSETS | $619M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $302M |
| TOTAL NON-CURRENT LIABILITIES | $320M |
| TOTAL LIABILITIES | $341M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $708M |
| Retained Earnings | -$424M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $278M |
| Minority Interest | $0 |
| TOTAL EQUITY | $278M |
| TOTAL LIABILITIES & EQUITY | $619M |
| Total Debt | $20M |
| Net Debt | -$39M |
