| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $33M | $5M | -100.0% | -100.0% |
| Op. Income | -$41M | -$7M | -$30M | -494.9% | -36.3% |
| EPS (Diluted) | $-1.08 | $-0.24 | $-0.84 | -350.0% | -28.6% |
| Free Cash Flow | -$35M | -$43M | -$33M | 18.1% | -7.4% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$41M |
| Interest Income | $0 |
| Interest Expense | $853.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $2M |
| EBIT | -$44M |
| EBITDA | -$42M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$44M |
| Depreciation & Amortization | $744.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$356.0K |
| OPERATING CASH FLOW | -$35M |
| Capital Expenditure | -$477.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.0K |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2.0K |
| NET CASH FROM FINANCING | $196M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | $206M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $306M |
| Short-Term Investments | $65M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $389M |
| PP&E (Net) | $31M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $424M |
| Account Payables | $3M |
| Short-Term Debt | $19M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $39M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $95M |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $758M |
| Retained Earnings | -$428M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$79.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $330M |
| Minority Interest | $0 |
| TOTAL EQUITY | $330M |
| TOTAL LIABILITIES & EQUITY | $424M |
| Total Debt | $82M |
| Net Debt | -$224M |
