| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50.0K | $138.9K | — | -64.0% | — |
| Op. Income | -$37M | -$43M | — | 15.4% | — |
| Gross Margin | -468.2% | -214.5% | — | -253.7pp | — |
| Net Margin | -161692.2% | -31534.5% | — | -130157.7pp | — |
| EPS (Diluted) | $-0.86 | $-0.51 | — | -68.6% | — |
| Free Cash Flow | -$40M | -$62M | — | 34.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $50.0K |
| Cost of Revenue | $283.6K |
| GROSS PROFIT | -$234.0K |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$37M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | -$81M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$81M |
| D&A | $174.4K |
| EBIT | -$79M |
| EBITDA | -$79M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$81M |
| Depreciation & Amortization | $174.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $44M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$78.2K |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $567.1K |
| Net Receivables | $9M |
| Inventory | $85.4K |
| Other Current Assets | $169.5K |
| TOTAL CURRENT ASSETS | $65M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $3.5K |
| Long-Term Investments | $184.7K |
| Tax Assets | $0 |
| Other Non-Current Assets | $85.4K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $67M |
| Account Payables | $7M |
| Short-Term Debt | $35M |
| Deferred Revenue | $494.1K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $58M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $64M |
| TOTAL LIABILITIES | $118M |
| Common Stock | $12M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$387M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $324M |
| Other Equity | -$782.9K |
| TOTAL STOCKHOLDERS' EQUITY | -$51M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$51M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $41M |
| Net Debt | $5M |
