| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | -$1M | $0 | 268.3% | — |
| Op. Income | -$21M | -$38M | -$19M | 44.3% | -9.8% |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -937.1% | 3009.3% | — | -3946.4pp | — |
| EPS (Diluted) | $-1.20 | $-2.10 | $-1.50 | 42.9% | 20.0% |
| Free Cash Flow | -$21M | -$24M | -$2M | 12.3% | -1198.1% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2M |
| R&D Expenses | $16M |
| Selling & Marketing | $434.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$999 |
| Operating Expenses | $23M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$21M |
| Interest Income | $605.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $604.0K |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $3M |
| EBIT | -$21M |
| EBITDA | -$18M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | -$228.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$33.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$111.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $153.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $42.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$14.0K |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $192M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $1.0K |
| TOTAL CURRENT ASSETS | $210M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $10.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $233M |
| Account Payables | $20M |
| Short-Term Debt | $6M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $11.0K |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $11M |
| Additional Paid-In Capital | $460M |
| Retained Earnings | -$280M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | -$1.0K |
| TOTAL STOCKHOLDERS' EQUITY | $179M |
| Minority Interest | $0 |
| TOTAL EQUITY | $179M |
| TOTAL LIABILITIES & EQUITY | $233M |
| Total Debt | $7M |
| Net Debt | -$185M |
