| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $70M | $94.0K | -100.0% | -100.0% |
| Op. Income | -$132M | -$95M | -$182M | -39.1% | 27.4% |
| EPS (Diluted) | $-1.41 | $-0.98 | $-2.24 | -43.9% | 37.1% |
| Free Cash Flow | -$42M | -$137M | -$111M | 69.3% | 62.3% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $23M |
| GROSS PROFIT | -$23M |
| R&D Expenses | $91M |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $132M |
| OPERATING INCOME | -$132M |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | -$112M |
| Income Tax Expense | $412.0K |
| Net Income from Continuing Ops | -$112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$112M |
| D&A | $5M |
| EBIT | -$132M |
| EBITDA | -$127M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$112M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $53M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$245M |
| Sales/Maturities of Investments | $370M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $121M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | $83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $528M |
| Short-Term Investments | $1.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $312M |
| Goodwill | $0 |
| Intangible Assets | $30.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $326M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $26M |
| Short-Term Debt | $15M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $111M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $248M |
| TOTAL LIABILITIES | $359M |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$1.1B |
| Treasury Stock | -$63.0K |
| Accum. Other Comp. Income | -$7M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $242M |
| Net Debt | -$286M |
