| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94.0K | $158.0K | $329.0K | -40.5% | -71.4% |
| Op. Income | -$182M | -$183M | -$129M | 0.5% | -41.6% |
| Gross Margin | -41239.4% | -21369.6% | -6728.0% | -19869.7pp | -34511.4pp |
| Net Margin | -185690.4% | -117616.5% | -38648.3% | -68074.0pp | -147042.1pp |
| EPS (Diluted) | $-2.24 | $-2.40 | $-1.67 | 6.7% | -34.1% |
| Free Cash Flow | -$111M | -$152M | -$118M | 26.6% | 6.0% |
| Item | Amount |
|---|---|
| REVENUE | $94.0K |
| Cost of Revenue | $39M |
| GROSS PROFIT | -$39M |
| R&D Expenses | $117M |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $144M |
| Cost & Expenses | $182M |
| OPERATING INCOME | -$182M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$175M |
| Income Tax Expense | -$575.0K |
| Net Income from Continuing Ops | -$175M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$175M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$175M |
| D&A | $5M |
| EBIT | -$182M |
| EBITDA | -$177M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$175M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | -$105M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$93M |
| Purchases of Investments | -$326M |
| Sales/Maturities of Investments | $420M |
| Other Investing Activities | $93M |
| NET CASH FROM INVESTING | $87M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$111M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $494M |
| Short-Term Investments | $1.4B |
| Net Receivables | $49.0K |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $328M |
| Goodwill | $0 |
| Intangible Assets | $84.0K |
| Long-Term Investments | $77M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $421M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $32M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $151M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $249M |
| TOTAL LIABILITIES | $399M |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | -$736M |
| Treasury Stock | -$63.0K |
| Accum. Other Comp. Income | -$22M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $242M |
| Net Debt | -$252M |
