| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $2M | $0 | 133.3% | — |
| Op. Income | -$14M | -$15M | -$17M | 8.5% | 19.1% |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -376.5% | -970.4% | — | 593.9pp | — |
| EPS (Diluted) | $0.43 | $-0.33 | $-0.40 | 230.3% | 207.5% |
| Free Cash Flow | -$13M | -$12M | -$12M | -11.1% | -4.8% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4M |
| R&D Expenses | $11M |
| Selling & Marketing | $3M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $354.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$14M |
| Interest Income | $582.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $582.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $15.0K |
| EBIT | -$14M |
| EBITDA | -$14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $15.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $44.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$110.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $241.0K |
| NET CASH FROM FINANCING | $227.0K |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $57M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $74M |
| Account Payables | $2M |
| Short-Term Debt | $495.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $808.0K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $274M |
| Additional Paid-In Capital | $24M |
| Retained Earnings | -$266M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $66M |
| Minority Interest | $0 |
| TOTAL EQUITY | $66M |
| TOTAL LIABILITIES & EQUITY | $74M |
| Total Debt | $2M |
| Net Debt | -$5M |
