| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $2M | $180.0K | 61.5% | 2025.0% |
| Op. Income | -$30M | -$81M | -$87M | 62.7% | 65.1% |
| Gross Margin | 55.2% | -1488.5% | -21919.4% | 1543.7pp | 21974.6pp |
| Net Margin | -704.6% | -1805.3% | -23147.8% | 1100.7pp | 22443.2pp |
| EPS (Diluted) | $-0.23 | $-0.47 | $-0.57 | 51.1% | 59.6% |
| Free Cash Flow | -$15M | -$39M | -$11M | 60.7% | -41.5% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $34M |
| OPERATING INCOME | -$30M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | $359.0K |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $2M |
| EBIT | -$23M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $319.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$633.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$633.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $60M |
| NET CASH FROM FINANCING | $224M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | $219M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $382M |
| Short-Term Investments | $0 |
| Net Receivables | $153.0K |
| Inventory | $0 |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $426M |
| PP&E (Net) | $58M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $490M |
| Account Payables | $531.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $393.0K |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $126M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $116.0K |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $192M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$670M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $299M |
| Minority Interest | $0 |
| TOTAL EQUITY | $299M |
| TOTAL LIABILITIES & EQUITY | $490M |
| Total Debt | $150M |
| Net Debt | -$232M |
