| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $121M | $164M | 5.2% | -22.6% |
| Op. Income | $9M | $8M | -$1.0B | 24.6% | 100.9% |
| Gross Margin | 29.1% | 26.3% | 7.8% | 2.8pp | 21.4pp |
| Net Margin | -7.3% | -0.3% | -494.3% | -7.0pp | 487.0pp |
| EPS (Diluted) | $-0.02 | $-0.00 | $-2.49 | -2360.0% | 99.0% |
| Free Cash Flow | $17M | $18M | -$42M | -7.2% | 140.5% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $37M |
| R&D Expenses | $2M |
| Selling & Marketing | $1M |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $370.0K |
| Operating Expenses | $27M |
| Cost & Expenses | $117M |
| OPERATING INCOME | $9M |
| Interest Income | $36.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $129.0K |
| NET INCOME | -$9M |
| D&A | $21M |
| EBIT | $10M |
| EBITDA | $31M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$97M |
| Change in Working Capital | $89M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$949.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$384.0K |
| NET CASH FROM INVESTING | -$619.0K |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $321.0K |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $111M |
| PP&E (Net) | $628M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $640M |
| TOTAL ASSETS | $751M |
| Account Payables | $54M |
| Short-Term Debt | $28M |
| Deferred Revenue | $64M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $187M |
| Long-Term Debt | $45.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $955M |
| TOTAL NON-CURRENT LIABILITIES | $956M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$392M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$392M |
| TOTAL LIABILITIES & EQUITY | $751M |
| Total Debt | $29M |
| Net Debt | -$48M |
