| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $0 | $0 | — | — |
| Op. Income | -$5M | -$746.1K | -$565.5K | -511.7% | -707.0% |
| Gross Margin | -7.5% | — | — | — | — |
| Net Margin | -70.4% | — | — | — | — |
| EPS (Diluted) | $-0.30 | $0.03 | $-0.03 | -959.6% | -1090.5% |
| Free Cash Flow | -$7M | -$1M | -$7M | -375.9% | -0.5% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $9M |
| GROSS PROFIT | -$628.9K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$124 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $962.0K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $962.0K |
| Stock-Based Compensation | $193.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$922.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$922.0K |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $47M |
| Goodwill | $2M |
| Intangible Assets | $0 |
| Long-Term Investments | $21M |
| Tax Assets | -$21M |
| Other Non-Current Assets | $171.0K |
| TOTAL NON-CURRENT ASSETS | $49M |
| TOTAL ASSETS | $73M |
| Account Payables | $9M |
| Short-Term Debt | $40M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $74M |
| Common Stock | $461 |
| Additional Paid-In Capital | $43M |
| Retained Earnings | -$44M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $21M |
| TOTAL STOCKHOLDERS' EQUITY | -$1M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1M |
| TOTAL LIABILITIES & EQUITY | $73M |
| Total Debt | $56M |
| Net Debt | $43M |
