| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | $6.0K | $178.0K | 1666566.7% | 56079.8% |
| Op. Income | -$64M | -$132M | -$176M | 51.0% | 63.4% |
| Gross Margin | 57.8% | -113616.7% | -17116.9% | 113674.5pp | 17174.7pp |
| Net Margin | -53.1% | -1842916.7% | -100683.7% | 1842863.6pp | 100630.6pp |
| EPS (Diluted) | $-0.67 | $-1.41 | $-2.32 | 52.5% | 71.1% |
| Free Cash Flow | $6M | -$120M | -$151M | 104.8% | 103.8% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $58M |
| R&D Expenses | $100M |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $164M |
| OPERATING INCOME | -$64M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | -$52M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$53M |
| D&A | $5M |
| EBIT | -$64M |
| EBITDA | -$59M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$53M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$969.0K |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$266M |
| Sales/Maturities of Investments | $387M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $118M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $344M |
| Short-Term Investments | $1.5B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $316M |
| Goodwill | $0 |
| Intangible Assets | $57.0K |
| Long-Term Investments | $18M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $336M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $45M |
| Short-Term Debt | $16M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $77M |
| TOTAL CURRENT LIABILITIES | $147M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $243M |
| TOTAL LIABILITIES | $389M |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$899M |
| Treasury Stock | -$63.0K |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $240M |
| Net Debt | -$104M |
