| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $138M | $132M | $99M | 4.9% | 40.1% |
| Op. Income | -$213M | $11M | $46M | -2087.5% | -559.9% |
| Gross Margin | 29.7% | 40.4% | 91.6% | -10.7pp | -61.8pp |
| Net Margin | -153.4% | 6.4% | 33.7% | -159.8pp | -187.1pp |
| EPS (Diluted) | $-3.76 | $0.15 | $0.59 | -2606.7% | -737.3% |
| Free Cash Flow | $16M | $7M | $28M | 125.4% | -40.7% |
| Item | Amount |
|---|---|
| REVENUE | $138M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $233M |
| Operating Expenses | $254M |
| Cost & Expenses | $351M |
| OPERATING INCOME | -$213M |
| Interest Income | $145M |
| Interest Expense | $96M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$213M |
| Income Tax Expense | -$300.0K |
| Net Income from Continuing Ops | -$212M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$212M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$212M |
| D&A | $2M |
| EBIT | -$213M |
| EBITDA | -$211M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$212M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $518.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $217M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$109.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $123M |
| NET CASH FROM INVESTING | $157M |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $755M |
| NET CASH FROM FINANCING | -$565M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$391M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $926M |
| Short-Term Investments | $201M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $37M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $11.4B |
| Tax Assets | $23M |
| Other Non-Current Assets | $280M |
| TOTAL NON-CURRENT ASSETS | $11.7B |
| TOTAL ASSETS | $12.8B |
| Account Payables | $142M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.8B |
| TOTAL CURRENT LIABILITIES | $10.9B |
| Long-Term Debt | $976M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $976M |
| TOTAL LIABILITIES | $11.9B |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $720M |
| Retained Earnings | $216M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $916M |
| Minority Interest | $0 |
| TOTAL EQUITY | $916M |
| TOTAL LIABILITIES & EQUITY | $12.8B |
| Total Debt | $976M |
| Net Debt | $49M |
