| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $5M | -18.6% | -76.9% |
| Op. Income | -$63M | -$56M | -$48M | -13.6% | -31.5% |
| Gross Margin | -3513.1% | -2555.7% | -583.1% | -957.4pp | -2929.9pp |
| Net Margin | -5323.6% | -3792.6% | -918.3% | -1531.0pp | -4405.3pp |
| EPS (Diluted) | $-14.03 | $-12.29 | $-10.55 | -14.2% | -33.1% |
| Free Cash Flow | -$52M | -$69M | -$42M | 25.0% | -23.2% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $44M |
| GROSS PROFIT | -$43M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | -$44M |
| Operating Expenses | $21M |
| Cost & Expenses | $65M |
| OPERATING INCOME | -$63M |
| Interest Income | $395.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$65M |
| Income Tax Expense | $0 |
| NET INCOME | -$65M |
| D&A | $2M |
| EBIT | -$63M |
| EBITDA | -$62M |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Net Income | -$65M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$50M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $23M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $130.0K |
| NET CASH FROM FINANCING | $130.0K |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $69M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $210M |
| PP&E (Net) | $45M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $64M |
| TOTAL ASSETS | $273M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $51M |
| Deferred Revenue NC | $90M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $943.0K |
| TOTAL NON-CURRENT LIABILITIES | $161M |
| TOTAL LIABILITIES | $250M |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $759M |
| Retained Earnings | -$736M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$256.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $273M |
| Total Debt | $77M |
| Net Debt | -$50M |
