| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $458.0K | $439.0K | $0 | 4.3% | — |
| Op. Income | -$43M | -$43M | -$28M | -1.0% | -56.3% |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -9153.9% | -9652.6% | — | 498.7pp | — |
| EPS (Diluted) | $-0.75 | $-0.79 | $-0.73 | 5.1% | -2.7% |
| Free Cash Flow | -$39M | -$29M | -$26M | -37.0% | -51.7% |
| Item | Amount |
|---|---|
| REVENUE | $458.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $458.0K |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $44M |
| OPERATING INCOME | -$43M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| 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 | $248.0K |
| EBIT | -$43M |
| EBITDA | -$43M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $248.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$29.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | -$682.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $56M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $337M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $378M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $385M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $751M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$394M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $351M |
| Minority Interest | $0 |
| TOTAL EQUITY | $351M |
| TOTAL LIABILITIES & EQUITY | $385M |
| Total Debt | $3M |
| Net Debt | -$28M |
