| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | — | $20M | — | 2.0% |
| Op. Income | -$10M | — | -$26M | — | 63.9% |
| Gross Margin | 100.0% | — | 92.5% | — | 7.5pp |
| Net Margin | -43.6% | — | -133.0% | — | 89.3pp |
| EPS (Diluted) | $-0.40 | — | $-0.40 | — | 0.0% |
| Free Cash Flow | -$2M | — | -$31M | — | 95.0% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $20M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $2M |
| Operating Expenses | $30M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$10M |
| Interest Income | $732.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $733.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $608.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$182.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $100M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $100M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $190.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $194M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $237M |
| PP&E (Net) | $21M |
| Goodwill | $949.0K |
| Intangible Assets | $875.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $944.0K |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $261M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $121M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $153M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $180M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $194M |
| TOTAL LIABILITIES | $347M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $637M |
| Retained Earnings | -$723M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$86M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$86M |
| TOTAL LIABILITIES & EQUITY | $261M |
| Total Debt | $18M |
| Net Debt | -$176M |
