| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $0 | 0.2% | — |
| Op. Income | -$11M | -$8M | -$20M | -29.5% | 46.9% |
| Gross Margin | 95.8% | 100.0% | — | -4.2pp | — |
| Net Margin | -860.9% | -663.6% | — | -197.3pp | — |
| EPS (Diluted) | $-2.67 | $-2.10 | $-5.25 | -27.1% | 49.1% |
| Free Cash Flow | -$9M | $16M | -$16M | -154.1% | 43.5% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $49.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$11M |
| Interest Income | $640.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $577.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $49.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $49.0K |
| Stock-Based Compensation | $513.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$402.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$29.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $60M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $53.0K |
| TOTAL CURRENT ASSETS | $82M |
| PP&E (Net) | $956.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $121.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $83M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $100.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $791.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $0 |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$46M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$161.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74M |
| Minority Interest | $0 |
| TOTAL EQUITY | $74M |
| TOTAL LIABILITIES & EQUITY | $83M |
| Total Debt | $788.0K |
| Net Debt | -$15M |
