| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$27M | -$26M | -$27M | -4.1% | -1.0% |
| EPS (Diluted) | $-0.51 | $-0.75 | $-0.92 | 32.0% | 44.6% |
| Free Cash Flow | -$9M | -$21M | -$14M | 55.2% | 34.8% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $20M |
| GROSS PROFIT | -$20M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$20M |
| Operating Expenses | $7M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$27M |
| Interest Income | $732.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $199.0K |
| EBIT | -$27M |
| EBITDA | -$27M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $209.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$15.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $58M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $85M |
| Short-Term Investments | $87M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $192M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $197.0K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $203M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $505M |
| Retained Earnings | -$317M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $184M |
| Minority Interest | $0 |
| TOTAL EQUITY | $184M |
| TOTAL LIABILITIES & EQUITY | $203M |
| Total Debt | $8M |
| Net Debt | -$77M |
