| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $975.0K | $3M | $7M | -71.7% | -86.5% |
| Op. Income | -$68M | -$59M | -$49M | -15.6% | -38.2% |
| Gross Margin | -4640.5% | 100.0% | -409.0% | -4740.5pp | -4231.6pp |
| Net Margin | -7056.0% | -1742.2% | -692.4% | -5313.8pp | -6363.6pp |
| EPS (Diluted) | $-10.99 | $-9.79 | $-10.88 | -12.2% | -1.0% |
| Free Cash Flow | -$56M | -$61M | -$53M | 7.4% | -5.4% |
| Item | Amount |
|---|---|
| REVENUE | $975.0K |
| Cost of Revenue | $46M |
| GROSS PROFIT | -$45M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | -$46M |
| Operating Expenses | $23M |
| Cost & Expenses | $69M |
| OPERATING INCOME | -$68M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$489.0K |
| INCOME BEFORE TAX | -$69M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$69M |
| D&A | $2M |
| EBIT | -$68M |
| EBITDA | -$67M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$69M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $163M |
| Short-Term Investments | $18M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $195M |
| PP&E (Net) | $134M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $349M |
| Account Payables | $17M |
| Short-Term Debt | $456.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $86M |
| Long-Term Debt | $51M |
| Deferred Revenue NC | $92M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $252M |
| TOTAL LIABILITIES | $338M |
| Common Stock | $125.0K |
| Additional Paid-In Capital | $875M |
| Retained Earnings | -$865M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $349M |
| Total Debt | $163M |
| Net Debt | -$440.0K |
