| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.0K | $25.0K | $48M | -48.0% | -100.0% |
| Op. Income | -$60M | -$61M | -$16M | 1.2% | -274.1% |
| Gross Margin | -38800.0% | -20316.0% | 90.5% | -18484.0pp | -38890.5pp |
| Net Margin | -407153.8% | -203412.0% | -17.4% | -203741.8pp | -407136.5pp |
| EPS (Diluted) | $-0.21 | $-0.20 | $-0.03 | -3.3% | -522.3% |
| Free Cash Flow | -$41M | -$38M | -$45M | -7.3% | 9.3% |
| Item | Amount |
|---|---|
| REVENUE | $13.0K |
| Cost of Revenue | $5M |
| GROSS PROFIT | -$5M |
| R&D Expenses | $42M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $60M |
| OPERATING INCOME | -$60M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$53M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$53M |
| D&A | $5M |
| EBIT | -$53M |
| EBITDA | -$48M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$53M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$41M |
| Capital Expenditure | -$25.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$257M |
| Sales/Maturities of Investments | $156M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$123.0K |
| NET CASH FROM FINANCING | $759.0K |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | -$141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $146M |
| Short-Term Investments | $401M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $555M |
| PP&E (Net) | $142M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $49M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $195M |
| TOTAL ASSETS | $750M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $61M |
| TOTAL LIABILITIES | $95M |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$94.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $655M |
| Minority Interest | $0 |
| TOTAL EQUITY | $655M |
| TOTAL LIABILITIES & EQUITY | $750M |
| Total Debt | $63M |
| Net Debt | -$82M |
