| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $0 | 0.0% | — |
| Op. Income | -$18M | -$18M | -$19M | 0.0% | 7.9% |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -529.1% | -529.1% | — | 0.0pp | — |
| EPS (Diluted) | $-1.95 | $-1.95 | $-2.61 | 0.0% | 25.3% |
| Free Cash Flow | -$19M | -$19M | -$10M | 0.0% | -87.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $5M |
| Operating Expenses | $25M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$18M |
| Interest Income | $274.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $321.5K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $283.5K |
| EBIT | -$18M |
| EBITDA | -$17M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $517.5K |
| Stock-Based Compensation | $969.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$57.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $51M |
| NET CASH FROM FINANCING | $51M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $7M |
| Net Receivables | $359.0K |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $101M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $63.0K |
| Long-Term Investments | $25M |
| Tax Assets | $0 |
| Other Non-Current Assets | $282.0K |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $130M |
| Account Payables | $14M |
| Short-Term Debt | $30M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $469.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $469.0K |
| TOTAL LIABILITIES | $51M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$373M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $439M |
| TOTAL STOCKHOLDERS' EQUITY | $79M |
| Minority Interest | $0 |
| TOTAL EQUITY | $79M |
| TOTAL LIABILITIES & EQUITY | $130M |
| Total Debt | $31M |
| Net Debt | -$61M |
