| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $339M | — | $310M | — | 9.3% |
| Op. Income | -$5M | — | -$3M | — | -56.0% |
| Gross Margin | 42.5% | — | 37.5% | — | 5.1pp |
| Net Margin | -0.9% | — | -3.5% | — | 2.7pp |
| EPS (Diluted) | $-0.05 | — | $-0.18 | — | 73.2% |
| Free Cash Flow | $0 | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $339M |
| Cost of Revenue | $195M |
| GROSS PROFIT | $144M |
| R&D Expenses | $19M |
| Selling & Marketing | $103M |
| General & Administrative | $36M |
| SG&A Expenses | $140M |
| Other Expenses | $0 |
| Operating Expenses | $149M |
| Cost & Expenses | $344M |
| OPERATING INCOME | -$5M |
| Interest Income | $3M |
| Interest Expense | $1M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $343.4K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $9M |
| EBIT | -$5M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $255M |
| Short-Term Investments | $213M |
| Net Receivables | $278M |
| Inventory | $191M |
| Other Current Assets | $89M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $287M |
| Goodwill | $51M |
| Intangible Assets | $45M |
| Long-Term Investments | $44M |
| Tax Assets | $30M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $472M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $62M |
| Short-Term Debt | $245M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $215M |
| TOTAL CURRENT LIABILITIES | $526M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $147M |
| TOTAL LIABILITIES | $673M |
| Common Stock | $14.7K |
| Additional Paid-In Capital | $632M |
| Retained Earnings | -$48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $590M |
| Minority Interest | $234M |
| TOTAL EQUITY | $824M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $373M |
| Net Debt | $118M |
