| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $0 | $0 | — | — |
| Op. Income | -$28M | -$29M | -$30M | 2.9% | 4.9% |
| Gross Margin | 40.5% | — | — | — | — |
| Net Margin | -701.3% | — | — | — | — |
| EPS (Diluted) | $-38.63 | $-49.23 | $-135.68 | 21.5% | 71.5% |
| Free Cash Flow | -$25M | -$25M | -$32M | 0.1% | 22.1% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$28M |
| Interest Income | $172.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $172.0K |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $978.0K |
| EBIT | -$28M |
| EBITDA | -$27M |
| EPS | -$39 |
| EPS Diluted | -$39 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$196.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $992.0K |
| NET CASH FROM INVESTING | -$821.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $13M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $96M |
| Goodwill | $965.0K |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $108M |
| TOTAL ASSETS | $139M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $716.0K |
| TOTAL LIABILITIES | $18M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $694M |
| Retained Earnings | -$573M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$220.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $121M |
| Minority Interest | $0 |
| TOTAL EQUITY | $121M |
| TOTAL LIABILITIES & EQUITY | $139M |
| Total Debt | $1M |
| Net Debt | -$6M |
