| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $137.0K | $0 | $0 | — | — |
| Op. Income | -$39M | -$36M | -$27M | -7.4% | -45.4% |
| Gross Margin | 92.0% | — | — | — | — |
| Net Margin | -30514.6% | — | — | — | — |
| EPS (Diluted) | $-23.87 | $-21.53 | $-15.34 | -10.9% | -55.6% |
| Free Cash Flow | -$31M | -$33M | -$20M | 5.8% | -54.3% |
| Item | Amount |
|---|---|
| REVENUE | $137.0K |
| Cost of Revenue | $11.0K |
| GROSS PROFIT | $126.0K |
| R&D Expenses | $22M |
| Selling & Marketing | $3M |
| General & Administrative | $14M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$39M |
| Interest Income | $823.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$42M |
| D&A | $85.0K |
| EBIT | -$38M |
| EBITDA | -$38M |
| EPS | -$24 |
| EPS Diluted | -$24 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $85.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$31M |
| 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 | $30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $232M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $1M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $242M |
| 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 | $245M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $94M |
| TOTAL LIABILITIES | $118M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $484M |
| Retained Earnings | -$357M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $127M |
| Minority Interest | $0 |
| TOTAL EQUITY | $127M |
| TOTAL LIABILITIES & EQUITY | $245M |
| Total Debt | $93M |
| Net Debt | -$139M |
