| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31.0K | $1M | $241.0K | -97.6% | -87.1% |
| Op. Income | -$23M | -$19M | -$21M | -26.8% | -14.4% |
| Gross Margin | -6503.2% | -1026.2% | -6284.2% | -5477.0pp | -219.0pp |
| Net Margin | -81551.6% | 2833.8% | -13096.7% | -84385.4pp | -68454.9pp |
| EPS (Diluted) | $-0.25 | $0.35 | $-0.72 | -171.4% | 65.3% |
| Free Cash Flow | -$17M | -$17M | -$59M | -1.9% | 71.3% |
| Item | Amount |
|---|---|
| REVENUE | $31.0K |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$23M |
| Interest Income | $883.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $2M |
| EBIT | -$24M |
| EBITDA | -$22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$211.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$211.0K |
| Net Debt Issuance | -$506.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$289.0K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $164M |
| Short-Term Investments | $8M |
| Net Receivables | $31.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $175M |
| PP&E (Net) | $52M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $226M |
| Account Payables | $3M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $108M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $541M |
| Retained Earnings | -$423M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $119M |
| Minority Interest | $0 |
| TOTAL EQUITY | $119M |
| TOTAL LIABILITIES & EQUITY | $226M |
| Total Debt | $51M |
| Net Debt | -$113M |
