| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $238.0K | $137.0K | $0 | 73.7% | — |
| Op. Income | -$53M | -$39M | -$26M | -35.7% | -102.4% |
| Gross Margin | 96.2% | 92.0% | — | 4.2pp | — |
| Net Margin | -23028.6% | -30514.6% | — | 7486.0pp | — |
| EPS (Diluted) | $-31.24 | $-23.87 | $-14.94 | -30.9% | -109.1% |
| Free Cash Flow | -$39M | -$31M | -$20M | -23.9% | -93.7% |
| Item | Amount |
|---|---|
| REVENUE | $238.0K |
| Cost of Revenue | $9.0K |
| GROSS PROFIT | $229.0K |
| R&D Expenses | $32M |
| Selling & Marketing | $2M |
| General & Administrative | $19M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $53M |
| OPERATING INCOME | -$53M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$55M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$55M |
| D&A | $81.0K |
| EBIT | -$51M |
| EBITDA | -$51M |
| EPS | -$31 |
| EPS Diluted | -$31 |
| Item | Amount |
|---|---|
| Net Income | -$55M |
| Depreciation & Amortization | $81.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | -$39M |
| 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 | $0 |
| NET CASH FROM FINANCING | $50.0K |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $194M |
| Short-Term Investments | $0 |
| Net Receivables | $248.0K |
| Inventory | $2M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $203M |
| 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 | $206M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $93M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $96M |
| TOTAL LIABILITIES | $129M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $488M |
| Retained Earnings | -$412M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $77M |
| Minority Interest | $0 |
| TOTAL EQUITY | $77M |
| TOTAL LIABILITIES & EQUITY | $206M |
| Total Debt | $94M |
| Net Debt | -$100M |
