| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | — | $0 | — | — |
| Op. Income | -$37M | — | -$54M | — | 31.9% |
| EPS (Diluted) | $-0.52 | — | $-1.03 | — | 49.5% |
| Free Cash Flow | -$17M | — | -$47M | — | 64.1% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $3M |
| Operating Expenses | $37M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$37M |
| Interest Income | -$2M |
| Interest Expense | -$10.4K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $56.0K |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $350.0K |
| EBIT | -$36M |
| EBITDA | -$35M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $481.9K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9.8K |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$8.3K |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | -$100.5K |
| NET CASH FROM INVESTING | $41M |
| Net Debt Issuance | -$290.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $130.3K |
| NET CASH FROM FINANCING | -$115.7K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $106M |
| Short-Term Investments | $13M |
| Net Receivables | $351.0K |
| Inventory | $0 |
| Other Current Assets | $54.0K |
| TOTAL CURRENT ASSETS | $123M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $62.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $127M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $405.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $585.0K |
| TOTAL LIABILITIES | $26M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $432M |
| Retained Earnings | -$330M |
| Treasury Stock | -$180.0K |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $101M |
| Minority Interest | $0 |
| TOTAL EQUITY | $101M |
| TOTAL LIABILITIES & EQUITY | $127M |
| Total Debt | $465.0K |
| Net Debt | -$105M |
