| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$20M | -$20M | $5M | 0.0% | -489.2% |
| Op. Income | -$84M | -$84M | -$76M | 0.0% | -10.0% |
| Gross Margin | 100.0% | 100.0% | 33.9% | 0.0pp | 66.1pp |
| Net Margin | 534.1% | 534.1% | -1786.5% | 0.0pp | 2320.7pp |
| EPS (Diluted) | $-1.29 | $-1.29 | $-1.17 | 0.0% | -10.3% |
| Free Cash Flow | -$315M | $0 | -$41M | — | -675.4% |
| Item | Amount |
|---|---|
| REVENUE | -$20M |
| Cost of Revenue | $0 |
| GROSS PROFIT | -$20M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $88M |
| OPERATING INCOME | -$84M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | -$107M |
| Income Tax Expense | $50.9K |
| Net Income from Continuing Ops | -$107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$107M |
| D&A | $925.6K |
| EBIT | -$84M |
| EBITDA | -$83M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$107M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $95M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | -$310M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$753M |
| Sales/Maturities of Investments | $831M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | $59M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$407M |
| NET CASH FROM FINANCING | -$407M |
| FREE CASH FLOW | -$315M |
| Net Change in Cash | -$641M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $470M |
| Short-Term Investments | $34M |
| Net Receivables | $703.0K |
| Inventory | $0 |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $530M |
| PP&E (Net) | $18M |
| Goodwill | $24M |
| Intangible Assets | $17M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $595M |
| Account Payables | $0 |
| Short-Term Debt | $3M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $78M |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $156M |
| Common Stock | $19.3K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$989M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $440M |
| Minority Interest | $0 |
| TOTAL EQUITY | $440M |
| TOTAL LIABILITIES & EQUITY | $595M |
| Total Debt | $11M |
| Net Debt | -$459M |
