| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $25M | $11M | -65.7% | -19.0% |
| Op. Income | -$49M | -$21M | -$35M | -132.1% | -40.5% |
| Gross Margin | -399.7% | 100.0% | -180.9% | -499.7pp | -218.8pp |
| Net Margin | -400.8% | -77.5% | -357.8% | -323.3pp | -42.9pp |
| EPS (Diluted) | $-6.50 | $-3.40 | $-8.30 | -91.2% | 21.7% |
| Free Cash Flow | -$27M | $65M | -$24M | -141.8% | -12.9% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $43M |
| GROSS PROFIT | -$35M |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | -$43M |
| Operating Expenses | $15M |
| Cost & Expenses | $58M |
| OPERATING INCOME | -$49M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$35M |
| D&A | $2M |
| EBIT | -$49M |
| EBITDA | -$48M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$35M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $29M |
| Purchases of Investments | -$102M |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | -$29M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $287M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $353M |
| PP&E (Net) | $51M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | -$32M |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $54M |
| TOTAL ASSETS | $407M |
| Account Payables | $5M |
| Short-Term Debt | $17M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $90M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $119.0K |
| TOTAL NON-CURRENT LIABILITIES | $123M |
| TOTAL LIABILITIES | $190M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $670M |
| Retained Earnings | -$453M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$618.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $217M |
| Minority Interest | $0 |
| TOTAL EQUITY | $217M |
| TOTAL LIABILITIES & EQUITY | $407M |
| Total Debt | $55M |
| Net Debt | $8M |
