Q1 2023 Earnings

Reported April 29, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q1 2023	Q4 2022	Q1 2022	QoQ Change	YoY Change
Revenue	$101M	—	—	—	—
Op. Income	-$62M	—	—	—	—
Gross Margin	56.2%	—	—	—	—
Net Margin	-65.8%	—	—	—	—
EPS (Diluted)	$-0.74	—	—	—	—

Income Statement

Item	Amount
REVENUE	$101M
Cost of Revenue	$44M
GROSS PROFIT	$57M
R&D Expenses	$36M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$83M
Other Expenses	$0
Operating Expenses	$119M
Cost & Expenses	$163M
OPERATING INCOME	-$62M
Interest Income	$50.0K
Interest Expense	$13M
Other Income/Expenses	-$13M
INCOME BEFORE TAX	-$75M
Income Tax Expense	-$8M
Net Income from Continuing Ops	-$66M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$66M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$66M
D&A	$0
EBIT	-$62M
EBITDA	-$62M
EPS	-$1
EPS Diluted	-$1