| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$100M | $96M | $88M | -204.6% | -213.3% |
| Op. Income | -$186M | $10M | $25M | -1979.3% | -849.8% |
| Gross Margin | 158.4% | 40.3% | 60.9% | 118.1pp | 97.5pp |
| Net Margin | 140.1% | 8.7% | 22.0% | 131.4pp | 118.0pp |
| EPS (Diluted) | $-1.13 | $0.06 | $0.14 | -1983.3% | -907.1% |
| Free Cash Flow | $12M | $7M | $33M | 60.9% | -64.7% |
| Item | Amount |
|---|---|
| REVENUE | -$100M |
| Cost of Revenue | $58M |
| GROSS PROFIT | -$159M |
| R&D Expenses | $0 |
| Selling & Marketing | $692.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $14M |
| Operating Expenses | $27M |
| Cost & Expenses | $86M |
| OPERATING INCOME | -$186M |
| Interest Income | $88M |
| Interest Expense | $58M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$186M |
| Income Tax Expense | -$46M |
| Net Income from Continuing Ops | -$140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$140M |
| D&A | $2M |
| EBIT | -$186M |
| EBITDA | -$184M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$140M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $333.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $146M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $42M |
| Net Debt Issuance | -$107M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$140M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $246M |
| Short-Term Investments | $1.4B |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $92M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8.0B |
| Tax Assets | $30M |
| Other Non-Current Assets | $447M |
| TOTAL NON-CURRENT ASSETS | $8.5B |
| TOTAL ASSETS | $10.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $703M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $9.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$105M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | -$28M |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $10.2B |
| Total Debt | $2.4B |
| Net Debt | $2.1B |
