| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $784.4K | $291.7K | 1067.0% | 3038.2% |
| Op. Income | -$36M | -$104M | -$60M | 65.7% | 40.4% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -412.8% | -13832.0% | -20627.2% | 13419.2pp | 20214.4pp |
| EPS (Diluted) | $-0.16 | $-0.48 | $-0.29 | 66.7% | 44.8% |
| Free Cash Flow | -$68M | -$51M | -$47M | -31.8% | -44.8% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $9M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$36M |
| Interest Income | $1M |
| Interest Expense | $313.5K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $1M |
| EBIT | -$37M |
| EBITDA | -$36M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | -$67M |
| Capital Expenditure | -$86.8K |
| Acquisitions (Net) | -$45M |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $109M |
| Other Investing Activities | $45M |
| NET CASH FROM INVESTING | $45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $45.6K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$68M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $260M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $350M |
| PP&E (Net) | $26M |
| Goodwill | $11M |
| Intangible Assets | $2M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $702.0K |
| TOTAL NON-CURRENT ASSETS | $42M |
| TOTAL ASSETS | $392M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $95M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32.0K |
| Other Non-Current Liabilities | $710.3K |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $125M |
| Common Stock | $249.5K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$885.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $267M |
| Minority Interest | $0 |
| TOTAL EQUITY | $267M |
| TOTAL LIABILITIES & EQUITY | $392M |
| Total Debt | $32M |
| Net Debt | $10M |
