| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $274.0K | — | $3M | — | -90.3% |
| Op. Income | -$36M | — | -$19M | — | -83.0% |
| Gross Margin | -162.8% | — | 100.0% | — | -262.8pp |
| Net Margin | -14932.5% | — | -747.1% | — | -14185.3pp |
| EPS (Diluted) | $-0.95 | — | $-0.55 | — | -72.7% |
| Free Cash Flow | -$31M | — | -$23M | — | -34.9% |
| Item | Amount |
|---|---|
| REVENUE | $274.0K |
| Cost of Revenue | $720.0K |
| GROSS PROFIT | -$446.0K |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$5M |
| Operating Expenses | $36M |
| Cost & Expenses | $36M |
| OPERATING INCOME | -$36M |
| Interest Income | $5M |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | -$1.0K |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $720.0K |
| EBIT | -$36M |
| EBITDA | -$36M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $302.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$267.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$267.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $159M |
| NET CASH FROM FINANCING | $159M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $128M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $274M |
| Short-Term Investments | $0 |
| Net Receivables | $257.0K |
| Inventory | $0 |
| Other Current Assets | $181.0K |
| TOTAL CURRENT ASSETS | $280M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $291M |
| Account Payables | $8M |
| Short-Term Debt | $2M |
| Deferred Revenue | $166.0K |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $202M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $205M |
| TOTAL LIABILITIES | $233M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $430M |
| Retained Earnings | -$372M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $291M |
| Total Debt | $207M |
| Net Debt | -$67M |
