| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $132M | — | — | — | — |
| Op. Income | -$66M | — | — | — | — |
| Gross Margin | 69.2% | — | — | — | — |
| Net Margin | -48.7% | — | — | — | — |
| EPS (Diluted) | $-0.38 | — | — | — | — |
| Free Cash Flow | -$30M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $91M |
| R&D Expenses | $42M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $115M |
| Other Expenses | $0 |
| Operating Expenses | $157M |
| Cost & Expenses | $198M |
| OPERATING INCOME | -$66M |
| Interest Income | $450.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $310.0K |
| INCOME BEFORE TAX | -$65M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $2M |
| NET INCOME | -$64M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | -$67M |
| D&A | $0 |
| EBIT | -$65M |
| EBITDA | -$65M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$64M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $75M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $86M |
| NET CASH FROM FINANCING | $86M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | $36M |
