| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $56M | — | -94.6% |
| Op. Income | -$200M | — | -$128M | — | -55.7% |
| Gross Margin | -5566.7% | — | -184.4% | — | -5382.2pp |
| Net Margin | -6600.0% | — | -239.8% | — | -6360.2pp |
| EPS (Diluted) | $-0.17 | — | $-0.12 | — | -41.7% |
| Free Cash Flow | -$145M | -$93M | -$155M | -55.2% | 6.3% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $170M |
| GROSS PROFIT | -$167M |
| R&D Expenses | $170M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | -$170M |
| Operating Expenses | $33M |
| Cost & Expenses | $203M |
| OPERATING INCOME | -$200M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$198M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$198M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$198M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$198M |
| D&A | $6M |
| EBIT | -$200M |
| EBITDA | -$194M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$198M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $46M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$142M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$254M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $333M |
| NET CASH FROM INVESTING | $77M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$145M |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $487M |
| Short-Term Investments | $751M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $580.0K |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $234M |
| Goodwill | $114M |
| Intangible Assets | $618M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $146M |
| TOTAL LIABILITIES | $222M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | -$2.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $138M |
| Net Debt | -$348M |
