| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0K | $36M | $3M | -100.0% | -99.9% |
| Op. Income | -$67M | -$37M | -$49M | -80.1% | -35.7% |
| Gross Margin | -138966.6% | 89.6% | 100.0% | -139056.2pp | -139066.6pp |
| Net Margin | -2341800.0% | -101.6% | -1774.0% | -2341698.4pp | -2340026.0pp |
| EPS (Diluted) | $-0.28 | $-0.15 | $-0.20 | -91.8% | -38.8% |
| Free Cash Flow | -$40M | -$52M | -$37M | 22.5% | -7.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.0K |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $67M |
| OPERATING INCOME | -$67M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$70M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$70M |
| D&A | $4M |
| EBIT | -$70M |
| EBITDA | -$66M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$70M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$37M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$161M |
| Sales/Maturities of Investments | $106M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$367.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $532M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $660M |
| PP&E (Net) | $170M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $145M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $318M |
| TOTAL ASSETS | $977M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $37M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $106M |
| TOTAL LIABILITIES | $157M |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$759M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $820M |
| Minority Interest | $0 |
| TOTAL EQUITY | $820M |
| TOTAL LIABILITIES & EQUITY | $977M |
| Total Debt | $65M |
| Net Debt | -$52M |
