| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$47M | -$49M | -$68M | 3.8% | 31.3% |
| EPS (Diluted) | $-0.26 | $-0.53 | $-0.69 | 50.9% | 62.3% |
| Free Cash Flow | -$44M | -$48M | -$60M | 8.0% | 26.7% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $47M |
| OPERATING INCOME | -$47M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $237.0K |
| EBIT | -$46M |
| EBITDA | -$46M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $237.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$44M |
| Capital Expenditure | -$10.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$71M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12.0K |
| NET CASH FROM FINANCING | $12.0K |
| FREE CASH FLOW | -$44M |
| Net Change in Cash | -$115M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $145M |
| Short-Term Investments | $158M |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $350M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $27M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $393M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $507.0K |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $73M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $82M |
| TOTAL LIABILITIES | $116M |
| Common Stock | $266.0K |
| Additional Paid-In Capital | $953M |
| Retained Earnings | -$677M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $946.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $277M |
| Minority Interest | $0 |
| TOTAL EQUITY | $277M |
| TOTAL LIABILITIES & EQUITY | $393M |
| Total Debt | $83M |
| Net Debt | -$62M |
