| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | $2M | $0 | 5822.2% | — |
| Op. Income | -$26M | -$36M | -$46M | 28.9% | 44.4% |
| Gross Margin | 15.9% | 4.2% | — | 11.7pp | — |
| Net Margin | -23.2% | -1698.1% | — | 1674.8pp | — |
| EPS (Diluted) | $-0.17 | $-0.21 | $-0.12 | 19.0% | -41.7% |
| Free Cash Flow | $23M | -$21M | -$8M | 207.1% | 382.1% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $16M |
| R&D Expenses | $14M |
| Selling & Marketing | $4M |
| General & Administrative | $23M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $126M |
| OPERATING INCOME | -$26M |
| Interest Income | $0 |
| Interest Expense | $1.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $69.0K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $377.0K |
| EBIT | -$23M |
| EBITDA | -$23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | -$4M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $121M |
| Change in Working Capital | -$84M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$11.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $40.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | $4M |
| Other Current Assets | $83M |
| TOTAL CURRENT ASSETS | $390M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $417M |
| Account Payables | $60M |
| Short-Term Debt | $0 |
| Deferred Revenue | $49M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $125M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $129M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $436M |
| Retained Earnings | -$147M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$888.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $288M |
| Minority Interest | $0 |
| TOTAL EQUITY | $288M |
| TOTAL LIABILITIES & EQUITY | $417M |
| Total Debt | $2M |
| Net Debt | -$201M |
