| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $0 | $0 | — | — |
| Op. Income | -$26M | -$38M | -$31M | 31.7% | 17.4% |
| Gross Margin | 97.4% | — | — | — | — |
| Net Margin | 943.7% | — | — | — | — |
| EPS (Diluted) | $2.79 | $-1.25 | $-1.17 | 323.2% | 338.5% |
| Free Cash Flow | -$23M | -$37M | -$34M | 37.8% | 31.8% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $223.0K |
| GROSS PROFIT | $8M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $34M |
| Cost & Expenses | $35M |
| OPERATING INCOME | -$26M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $107M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $1M |
| EBIT | -$26M |
| EBITDA | -$25M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$102M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$106M |
| Sales/Maturities of Investments | $113M |
| Other Investing Activities | $100M |
| NET CASH FROM INVESTING | $105M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | $97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $373M |
| Short-Term Investments | $189M |
| Net Receivables | $9M |
| Inventory | $5M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $582M |
| PP&E (Net) | $171M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $37M |
| Tax Assets | $0 |
| Other Non-Current Assets | $285.0K |
| TOTAL NON-CURRENT ASSETS | $208M |
| TOTAL ASSETS | $790M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$279M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$382.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $756M |
| Minority Interest | $0 |
| TOTAL EQUITY | $756M |
| TOTAL LIABILITIES & EQUITY | $790M |
| Total Debt | $8M |
| Net Debt | -$365M |
