| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $1M | $1M | 426.5% | 573.4% |
| Op. Income | -$26M | -$30M | -$31M | 12.4% | 16.6% |
| Gross Margin | -243.3% | -1606.4% | -2548.5% | 1363.1pp | 2305.1pp |
| Net Margin | -388.0% | -2591.0% | -3218.4% | 2203.1pp | 2830.4pp |
| EPS (Diluted) | $-0.93 | $-1.32 | $-1.18 | 29.5% | 21.2% |
| Free Cash Flow | -$11M | -$18M | -$25M | 39.0% | 57.1% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $23M |
| GROSS PROFIT | -$17M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$23M |
| Operating Expenses | $9M |
| Cost & Expenses | $33M |
| OPERATING INCOME | -$26M |
| Interest Income | $4M |
| Interest Expense | $4M |
| Other Income/Expenses | -$416.0K |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $24.0K |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $606.0K |
| EBIT | -$22M |
| EBITDA | -$22M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $606.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$175.0K |
| Acquisitions (Net) | -$22M |
| Purchases of Investments | -$128M |
| Sales/Maturities of Investments | $149M |
| Other Investing Activities | $22M |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $370M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $447M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $143M |
| Tax Assets | $0 |
| Other Non-Current Assets | $256.0K |
| TOTAL NON-CURRENT ASSETS | $163M |
| TOTAL ASSETS | $610M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $304M |
| TOTAL NON-CURRENT LIABILITIES | $322M |
| TOTAL LIABILITIES | $348M |
| Common Stock | $29.0K |
| Additional Paid-In Capital | $718M |
| Retained Earnings | -$450M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $262M |
| Minority Interest | $0 |
| TOTAL EQUITY | $262M |
| TOTAL LIABILITIES & EQUITY | $610M |
| Total Debt | $19M |
| Net Debt | -$52M |
