| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.0K | $0 | $0 | — | — |
| Op. Income | -$43M | -$41M | -$28M | -4.7% | -54.7% |
| Gross Margin | -6787.5% | — | — | — | — |
| Net Margin | -493000.0% | — | — | — | — |
| EPS (Diluted) | $-1.33 | $-1.27 | $-0.75 | -4.7% | -77.3% |
| Free Cash Flow | -$35M | -$31M | -$25M | -10.9% | -39.4% |
| Item | Amount |
|---|---|
| REVENUE | $8.0K |
| Cost of Revenue | $551.0K |
| GROSS PROFIT | -$543.0K |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $43M |
| OPERATING INCOME | -$43M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $551.0K |
| EBIT | -$39M |
| EBITDA | -$39M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $551.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$550.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$550.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $284.0K |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $288M |
| Short-Term Investments | $0 |
| Net Receivables | $898.0K |
| Inventory | $0 |
| Other Current Assets | $319.0K |
| TOTAL CURRENT ASSETS | $304M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $326M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $637M |
| Retained Earnings | -$341M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $296M |
| Minority Interest | $0 |
| TOTAL EQUITY | $296M |
| TOTAL LIABILITIES & EQUITY | $326M |
| Total Debt | $14M |
| Net Debt | -$274M |
