| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56M | $0 | $0 | — | — |
| Op. Income | -$128M | -$181M | -$61M | 29.2% | -109.7% |
| Gross Margin | -184.4% | — | — | — | — |
| Net Margin | -239.8% | — | — | — | — |
| EPS (Diluted) | $-0.12 | $-0.16 | $-0.48 | 25.0% | 75.0% |
| Free Cash Flow | -$155M | -$142M | -$59M | -9.1% | -160.5% |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $158M |
| GROSS PROFIT | -$103M |
| R&D Expenses | $158M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | -$158M |
| Operating Expenses | $26M |
| Cost & Expenses | $184M |
| OPERATING INCOME | -$128M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$133M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$133M |
| D&A | $4M |
| EBIT | -$128M |
| EBITDA | -$125M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$133M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$58M |
| OPERATING CASH FLOW | -$136M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $231.0K |
| FREE CASH FLOW | -$155M |
| Net Change in Cash | -$238.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $630M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $182.0K |
| TOTAL CURRENT ASSETS | $665M |
| PP&E (Net) | $244M |
| Goodwill | $1.1B |
| Intangible Assets | $617M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $143M |
| TOTAL LIABILITIES | $219M |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$840M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $151M |
| Net Debt | -$480M |
