| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$30M | -$27M | -$23M | -8.8% | -27.3% |
| EPS (Diluted) | $-0.67 | $-0.63 | $-0.57 | -6.3% | -17.5% |
| Free Cash Flow | -$20M | -$20M | -$18M | -2.5% | -13.7% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$30M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $100.0K |
| EBIT | -$30M |
| EBITDA | -$30M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $427.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $220.0K |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $145M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $189M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $196M |
| Account Payables | $681.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $109.0K |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $413M |
| Retained Earnings | -$237M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$978.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $175M |
| Minority Interest | $0 |
| TOTAL EQUITY | $175M |
| TOTAL LIABILITIES & EQUITY | $196M |
| Total Debt | $2M |
| Net Debt | -$39M |
