| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $0 | $236.0K | — | 903.8% |
| Op. Income | -$81M | -$46M | -$73M | -74.5% | -11.7% |
| Gross Margin | -1488.5% | — | -13583.1% | — | 12094.5pp |
| Net Margin | -1805.3% | — | -14403.0% | — | 12597.7pp |
| EPS (Diluted) | $-0.47 | $-0.46 | $-0.47 | -2.2% | 0.0% |
| Free Cash Flow | -$39M | -$33M | -$39M | -15.7% | -0.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $38M |
| GROSS PROFIT | -$35M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $83M |
| OPERATING INCOME | -$81M |
| Interest Income | $165.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $32M |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $2M |
| EBIT | -$43M |
| EBITDA | -$42M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$160.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $102.0K |
| NET CASH FROM FINANCING | $102.0K |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $163M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $212M |
| PP&E (Net) | $46M |
| Goodwill | $0 |
| Intangible Assets | $8.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $264M |
| Account Payables | $334.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $881.0K |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $52M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $105.0K |
| TOTAL NON-CURRENT LIABILITIES | $64M |
| TOTAL LIABILITIES | $103M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $852M |
| Retained Earnings | -$643M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $161M |
| Minority Interest | $0 |
| TOTAL EQUITY | $161M |
| TOTAL LIABILITIES & EQUITY | $264M |
| Total Debt | $68M |
| Net Debt | -$95M |
