| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $102.7K | $388.4K | $124.7K | -73.6% | -17.7% |
| Op. Income | -$27M | -$36M | -$56M | 22.9% | 51.0% |
| Gross Margin | -70.7% | 100.0% | -981.7% | -170.7pp | 911.0pp |
| Net Margin | -24357.9% | -8734.8% | -43687.2% | -15623.1pp | 19329.3pp |
| EPS (Diluted) | $-1.10 | $-1.52 | $-2.42 | 27.6% | 54.5% |
| Free Cash Flow | -$26M | -$29M | -$37M | 10.8% | 28.9% |
| Item | Amount |
|---|---|
| REVENUE | $102.7K |
| Cost of Revenue | $175.2K |
| GROSS PROFIT | -$72.6K |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$27M |
| Interest Income | $2M |
| Interest Expense | $282.3K |
| 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 | $175.2K |
| EBIT | -$25M |
| EBITDA | -$25M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $175.2K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$32.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | $320.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | -$172.6K |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $131M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $20.4K |
| TOTAL CURRENT ASSETS | $153M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $605.3K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $171M |
| Account Payables | $5M |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $22.8K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$662.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $117M |
| Minority Interest | $0 |
| TOTAL EQUITY | $117M |
| TOTAL LIABILITIES & EQUITY | $171M |
| Total Debt | $30M |
| Net Debt | $16M |
