| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $266M | $339M | — | -21.4% | — |
| Op. Income | -$20M | -$5M | — | -272.5% | — |
| Gross Margin | 44.9% | 42.5% | — | 2.4pp | — |
| Net Margin | -6.9% | -0.9% | — | -6.1pp | — |
| EPS (Diluted) | $-0.31 | $-0.05 | — | -545.5% | — |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $266M |
| Cost of Revenue | $147M |
| GROSS PROFIT | $120M |
| R&D Expenses | $18M |
| Selling & Marketing | $93M |
| General & Administrative | $31M |
| SG&A Expenses | $124M |
| Other Expenses | $0 |
| Operating Expenses | $140M |
| Cost & Expenses | $286M |
| OPERATING INCOME | -$20M |
| Interest Income | $4M |
| Interest Expense | $2M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | -$284.3K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $7M |
| EBIT | -$18M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| 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 | $323M |
| Short-Term Investments | $105M |
| Net Receivables | $254M |
| Inventory | $225M |
| Other Current Assets | $87M |
| TOTAL CURRENT ASSETS | $994M |
| PP&E (Net) | $284M |
| Goodwill | $51M |
| Intangible Assets | $45M |
| Long-Term Investments | $44M |
| Tax Assets | $30M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $467M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $78M |
| Short-Term Debt | $233M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $156M |
| TOTAL CURRENT LIABILITIES | $470M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $137M |
| TOTAL LIABILITIES | $607M |
| Common Stock | $14.8K |
| Additional Paid-In Capital | $664M |
| Retained Earnings | -$67M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $605M |
| Minority Interest | $249M |
| TOTAL EQUITY | $854M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $358M |
| Net Debt | $34M |
