(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Current assets | ||||
Cash | $238 | $303 | $318 | $371 |
Short term investments | $144 | $142 | $213 | $256 |
Net receivables | $7 | $6 | $4 | $5 |
Inventory | ||||
Total current assets | $410 | $478 | $565 | $671 |
Long term investments | ||||
Property, plant & equipment | $9 | $10 | $15 | $18 |
Goodwill & intangible assets | ||||
Total noncurrent assets | $13 | $14 | $19 | $22 |
Total investments | $144 | $142 | $213 | $256 |
Total assets | $423 | $492 | $584 | $693 |
Current liabilities | ||||
Accounts payable | $104 | $112 | $123 | $151 |
Deferred revenue | ||||
Short long term debt | ||||
Total current liabilities | $196 | $209 | $236 | $271 |
Long term debt | $6 | $7 | $9 | $11 |
Total noncurrent liabilities | $10 | $11 | $11 | $11 |
Total debt | $6 | $7 | $9 | $11 |
Total liabilities | $206 | $220 | $247 | $282 |
Shareholders' equity | ||||
Retained earnings | -$3246 | -$3178 | -$3098 | -$3018 |
Other shareholder equity | -$7 | -$10 | -$13 | -$5 |
Total shareholder equity | $217 | $272 | $337 | $411 |
(in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Current assets | ||||
Cash | $238 | $506 | $1009 | $1965 |
Short term investments | $144 | $213 | $150 | $164 |
Net receivables | $7 | $14 | $17 | $83 |
Inventory | ||||
Total current assets | $410 | $777 | $1224 | $2314 |
Long term investments | $17 | $4 | ||
Property, plant & equipment | $9 | $18 | $35 | $68 |
Goodwill & intangible assets | ||||
Total noncurrent assets | $13 | $22 | $59 | $83 |
Total investments | $144 | $213 | $167 | $168 |
Total assets | $423 | $799 | $1283 | $2397 |
Current liabilities | ||||
Accounts payable | $104 | $173 | $252 | $888 |
Deferred revenue | ||||
Short long term debt | ||||
Total current liabilities | $196 | $309 | $449 | $1332 |
Long term debt | $6 | $13 | $16 | $38 |
Total noncurrent liabilities | $10 | $13 | $16 | $38 |
Total debt | $6 | $13 | $16 | $38 |
Total liabilities | $206 | $322 | $465 | $1370 |
Shareholders' equity | ||||
Retained earnings | -$3246 | -$2929 | -$2545 | -$2184 |
Other shareholder equity | -$7 | -$5.08 | $3 | $1 |
Total shareholder equity | $217 | $477 | $818 | $1027 |
(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $53 | $60 | $78 | $96 |
Cost of revenue | $44 | $46 | $62 | $76 |
Gross Profit | $9 | $14 | $16 | $20 |
Operating activities | ||||
Research & development | $25 | $38 | $38 | $51 |
Selling, general & administrative | $56 | $56 | $61 | $62 |
Total operating expenses | $81 | $94 | $99 | $113 |
Operating income | -$72 | -$80 | -$83 | -$93 |
Income from continuing operations | ||||
EBIT | -$69 | -$77 | -$77 | -$89 |
Income tax expense | -$1 | $3 | $3 | |
Interest expense | ||||
Net income | ||||
Net income | -$68 | -$80 | -$80 | -$89 |
Income (for common shares) | -$68 | -$80 | -$80 | -$89 |
(in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $287 | $571 | $2085 | $2541 |
Cost of revenue | $228 | $405 | $977 | $947 |
Gross Profit | $59 | $166 | $1108 | $1594 |
Operating activities | ||||
Research & development | $152 | $194 | $208 | $222 |
Selling, general & administrative | $235 | $370 | $1267 | $2003 |
Total operating expenses | $387 | $564 | $1475 | $2225 |
Operating income | -$328 | -$398 | -$367 | -$631 |
Income from continuing operations | ||||
EBIT | -$312 | -$383 | -$351 | -$743 |
Income tax expense | $5 | $1 | $10 | $2 |
Interest expense | ||||
Net income | ||||
Net income | -$317 | -$384 | -$361 | -$745 |
Income (for common shares) | -$317 | -$384 | -$361 | -$745 |
(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Net income | -$68 | -$80 | -$80 | -$89 |
Operating activities | ||||
Depreciation | $1 | $2 | $2 | $2 |
Business acquisitions & disposals | ||||
Stock-based compensation | $10 | $13 | $15 | $26 |
Total cash flows from operations | -$75 | -$86 | -$88 | -$92 |
Investing activities | ||||
Capital expenditures | -$3 | |||
Investments | -$1 | $72 | $46 | -$40 |
Total cash flows from investing | -$1 | $72 | $43 | -$40 |
Financing activities | ||||
Dividends paid | ||||
Sale and purchase of stock | ||||
Net borrowings | ||||
Total cash flows from financing | -$1 | -$1 | -$3 | |
Effect of exchange rate | $4 | -$8 | $1 | |
Change in cash and equivalents | -$72 | -$15 | -$54 | -$134 |
(in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Net income | -$317 | -$384 | -$361 | -$745 |
Operating activities | ||||
Depreciation | $7 | $12 | $20 | $22 |
Business acquisitions & disposals | ||||
Stock-based compensation | $64 | $72 | $141 | $390 |
Total cash flows from operations | -$341 | -$422 | -$951 | |
Investing activities | ||||
Capital expenditures | -$3 | -$2 | -$2 | -$2 |
Investments | $77 | -$47 | -$1 | $167 |
Total cash flows from investing | $74 | -$47 | -$3 | $165 |
Financing activities | ||||
Dividends paid | ||||
Sale and purchase of stock | $1 | $13 | $1051 | |
Net borrowings | ||||
Total cash flows from financing | -$5 | -$22 | $7 | $1046 |
Effect of exchange rate | -$3 | -$14 | ||
Change in cash and equivalents | -$275 | -$505 | -$947 | $1211 |
Market cap | $139.07M |
---|---|
Enterprise value | -$92.93M |
Shares outstanding | 24.23M |
Revenue | $287.00M |
---|---|
EBITDA | -$305.00M |
EBIT | -$312.00M |
Net Income | -$317.00M |
Revenue Q/Q | -56.91% |
Revenue Y/Y | -49.74% |
P/E ratio | -0.44 |
---|---|
EV/Sales | -0.32 |
EV/EBITDA | 0.30 |
EV/EBIT | 0.30 |
P/S ratio | 0.48 |
P/B ratio | 0.62 |
Book/Share | 9.25 |
Cash/Share | 9.82 |
EPS | -$13.08 |
---|---|
ROA | -57.85% |
ROE | -102.51% |
Debt/Equity | 0.95 |
---|---|
Net debt/EBITDA | 0.10 |
Current ratio | 2.09 |
Quick ratio | 2.09 |