| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $0 | $0 | — | — |
| Op. Income | -$13M | -$12M | -$12M | -9.0% | -12.5% |
| Gross Margin | -496.3% | — | — | — | — |
| Net Margin | -651.3% | — | — | — | — |
| EPS (Diluted) | $-29.25 | $-16.50 | $-18.75 | -77.3% | -56.0% |
| Free Cash Flow | -$12M | -$12M | -$12M | -0.4% | 0.3% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $12M |
| GROSS PROFIT | -$10M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$12M |
| Operating Expenses | $3M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$13M |
| Interest Income | $539.0K |
| Interest Expense | $131.0K |
| Other Income/Expenses | $408.0K |
| 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 | $19.0K |
| EBIT | -$13M |
| EBITDA | -$13M |
| EPS | -$29 |
| EPS Diluted | -$29 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $19.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$123.0K |
| Change in Working Capital | $45.0K |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | -$405.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $51M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $45M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $253.0K |
| TOTAL CURRENT ASSETS | $137M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $525.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $139M |
| Account Payables | $3M |
| Short-Term Debt | $2M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $998.0K |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $181.0K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $270M |
| Retained Earnings | -$162M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$188.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $108M |
| Minority Interest | $0 |
| TOTAL EQUITY | $108M |
| TOTAL LIABILITIES & EQUITY | $139M |
| Total Debt | $6M |
| Net Debt | -$68M |
