| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $16M | $40M | -72.2% | -88.9% |
| Op. Income | -$93M | -$96M | -$131M | 3.6% | 29.3% |
| Gross Margin | -552.3% | -146.4% | 59.5% | -405.9pp | -611.8pp |
| Net Margin | 4286.3% | -1740.9% | -271.0% | 6027.2pp | 4557.3pp |
| EPS (Diluted) | $0.83 | $-1.05 | $-0.54 | 179.0% | 253.7% |
| Free Cash Flow | -$53M | -$100M | -$117M | 46.9% | 54.7% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $29M |
| GROSS PROFIT | -$24M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | -$26.0K |
| Operating Expenses | $68M |
| Cost & Expenses | $97M |
| OPERATING INCOME | -$93M |
| Interest Income | $151M |
| Interest Expense | $0 |
| Other Income/Expenses | $262M |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | -$20M |
| Net Income from Continuing Ops | $189M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $189M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $189M |
| D&A | $6M |
| EBIT | -$93M |
| EBITDA | -$87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $189M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$260M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | -$42M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$83.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $79M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $212M |
| PP&E (Net) | $333M |
| Goodwill | $12M |
| Intangible Assets | $14M |
| Long-Term Investments | $44M |
| Tax Assets | $260M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $699M |
| TOTAL ASSETS | $911M |
| Account Payables | $44M |
| Short-Term Debt | $22M |
| Deferred Revenue | $59M |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $222M |
| Long-Term Debt | $786M |
| Deferred Revenue NC | $57M |
| Deferred Tax Liabilities | $45.0K |
| Other Non-Current Liabilities | $236M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$479M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$479M |
| TOTAL LIABILITIES & EQUITY | $911M |
| Total Debt | $904M |
| Net Debt | $844M |
