| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $24M | $25M | -6.8% | -11.9% |
| Op. Income | -$41M | -$37M | -$113M | -9.1% | 63.8% |
| Gross Margin | 71.7% | 79.0% | 75.4% | -7.3pp | -3.7pp |
| Net Margin | -271.0% | -249.9% | -582.4% | -21.1pp | 311.3pp |
| EPS (Diluted) | $-4.80 | $-4.65 | $-11.85 | -3.2% | 59.5% |
| Free Cash Flow | -$58M | -$83M | -$157M | 29.9% | 63.0% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $16M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $63M |
| OPERATING INCOME | -$41M |
| Interest Income | $3M |
| Interest Expense | $7M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$57M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$60M |
| D&A | $2M |
| EBIT | -$49M |
| EBITDA | -$47M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$60M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$58M |
| Capital Expenditure | -$512.0K |
| Acquisitions (Net) | $13M |
| Purchases of Investments | -$172M |
| Sales/Maturities of Investments | $200M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $103.0K |
| FREE CASH FLOW | -$58M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $417M |
| Net Receivables | $8M |
| Inventory | $19M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $546M |
| PP&E (Net) | $86M |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $165M |
| TOTAL ASSETS | $711M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $163M |
| TOTAL NON-CURRENT LIABILITIES | $276M |
| TOTAL LIABILITIES | $344M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | -$3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $367M |
| Minority Interest | $0 |
| TOTAL EQUITY | $367M |
| TOTAL LIABILITIES & EQUITY | $711M |
| Total Debt | $131M |
| Net Debt | $43M |
