| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $37M | — | -0.4% | — |
| Op. Income | -$47M | -$53M | — | 11.7% | — |
| Gross Margin | 8.7% | -28.1% | — | 36.9pp | — |
| Net Margin | -1231.5% | -2006.9% | — | 775.4pp | — |
| EPS (Diluted) | $-18.16 | $-34.46 | — | 47.3% | — |
| Free Cash Flow | -$26M | -$33M | — | 21.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $3M |
| R&D Expenses | $2M |
| Selling & Marketing | $12M |
| General & Administrative | $25M |
| SG&A Expenses | $37M |
| Other Expenses | $11M |
| Operating Expenses | $50M |
| Cost & Expenses | $83M |
| OPERATING INCOME | -$47M |
| Interest Income | $482.3K |
| Interest Expense | $11M |
| Other Income/Expenses | -$406M |
| INCOME BEFORE TAX | -$453M |
| Income Tax Expense | -$996.1K |
| Net Income from Continuing Ops | -$452M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $259.4K |
| NET INCOME | -$452M |
| BOTTOM LINE NET INCOME | -$452M |
| D&A | $15M |
| EBIT | -$442M |
| EBITDA | -$427M |
| EPS | -$18 |
| EPS Diluted | -$18 |
| Item | Amount |
|---|---|
| Net Income | -$452M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$686.9K |
| Other Non-Cash Items | $405M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$108M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$229.5K |
| NET CASH FROM FINANCING | $45M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $357M |
| Short-Term Investments | $972.4K |
| Net Receivables | $34M |
| Inventory | $102M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $544M |
| PP&E (Net) | $171M |
| Goodwill | $0 |
| Intangible Assets | $52M |
| Long-Term Investments | $23M |
| Tax Assets | $29M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $277M |
| TOTAL ASSETS | $822M |
| Account Payables | $10M |
| Short-Term Debt | $24M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $106M |
| Long-Term Debt | $146M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $232M |
| TOTAL LIABILITIES | $338M |
| Common Stock | $4.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$4.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $484M |
| Minority Interest | $373.3K |
| TOTAL EQUITY | $484M |
| TOTAL LIABILITIES & EQUITY | $822M |
| Total Debt | $197M |
| Net Debt | -$160M |
