| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $33M | — | -100.0% |
| Op. Income | -$41M | -$40M | -$7M | -0.2% | -484.3% |
| EPS (Diluted) | $-0.49 | $-0.74 | $-0.24 | 33.8% | -104.2% |
| Free Cash Flow | -$43M | -$29M | -$43M | -48.4% | -0.2% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$41M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $3M |
| EBIT | -$39M |
| EBITDA | -$37M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $733.0K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $534.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | -$30.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $90M |
| Other Investing Activities | $13.0K |
| NET CASH FROM INVESTING | $90M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $249.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $151M |
| Short-Term Investments | $124M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $287M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $315M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $121.0K |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $86M |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $779M |
| Retained Earnings | -$550M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$329.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $229M |
| Minority Interest | $0 |
| TOTAL EQUITY | $229M |
| TOTAL LIABILITIES & EQUITY | $315M |
| Total Debt | $67M |
| Net Debt | -$84M |
