| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $3M | — | -100.0% |
| Op. Income | -$212M | -$217M | -$200M | 2.3% | -6.0% |
| EPS (Diluted) | $-0.13 | $-0.18 | $-0.17 | 27.8% | 23.5% |
| Free Cash Flow | -$152M | -$186M | -$145M | 18.3% | -4.9% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $182M |
| GROSS PROFIT | -$182M |
| R&D Expenses | $182M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | -$182M |
| Operating Expenses | $30M |
| Cost & Expenses | $212M |
| OPERATING INCOME | -$212M |
| Interest Income | $17M |
| Interest Expense | $0 |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | -$190M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$190M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$190M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$190M |
| D&A | $5M |
| EBIT | -$212M |
| EBITDA | -$207M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$190M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $41M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$147M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$109M |
| Purchases of Investments | -$267M |
| Sales/Maturities of Investments | $376M |
| Other Investing Activities | $109M |
| NET CASH FROM INVESTING | $104M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $832M |
| FREE CASH FLOW | -$152M |
| Net Change in Cash | $789M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $953M |
| Short-Term Investments | $518M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $216M |
| Goodwill | $0 |
| Intangible Assets | $617M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $872M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $129M |
| TOTAL LIABILITIES | $220M |
| Common Stock | $0 |
| Additional Paid-In Capital | $5.6B |
| Retained Earnings | -$3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $125M |
| Net Debt | -$828M |
