| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $206.0K | $238.0K | $0 | -13.4% | — |
| Op. Income | -$51M | -$53M | -$31M | 3.2% | -62.6% |
| Gross Margin | 95.6% | 96.2% | — | -0.6pp | — |
| Net Margin | -25629.1% | -23028.6% | — | -2600.6pp | — |
| EPS (Diluted) | $-29.52 | $-31.24 | $-18.00 | 5.5% | -64.0% |
| Free Cash Flow | -$52M | -$39M | -$33M | -35.5% | -60.9% |
| Item | Amount |
|---|---|
| REVENUE | $206.0K |
| Cost of Revenue | $9.0K |
| GROSS PROFIT | $197.0K |
| R&D Expenses | $28M |
| Selling & Marketing | $3M |
| General & Administrative | $21M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$51M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$53M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$53M |
| D&A | $80.0K |
| EBIT | -$49M |
| EBITDA | -$49M |
| EPS | -$30 |
| EPS Diluted | -$30 |
| Item | Amount |
|---|---|
| Net Income | -$53M |
| Depreciation & Amortization | $80.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$52M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$508.0K |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $166M |
| Short-Term Investments | $0 |
| Net Receivables | $283.0K |
| Inventory | $2M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $177M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $925.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $180M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $96M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $98M |
| TOTAL LIABILITIES | $127M |
| Common Stock | $29.0K |
| Additional Paid-In Capital | $517M |
| Retained Earnings | -$464M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53M |
| Minority Interest | $0 |
| TOTAL EQUITY | $53M |
| TOTAL LIABILITIES & EQUITY | $180M |
| Total Debt | $97M |
| Net Debt | -$69M |
