| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $230M | — | — | — | — |
| Op. Income | -$224M | — | — | — | — |
| Gross Margin | -55.5% | — | — | — | — |
| Net Margin | -34.4% | — | — | — | — |
| EPS (Diluted) | $-9.05 | — | — | — | — |
| Free Cash Flow | -$104M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $357M |
| GROSS PROFIT | -$127M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $73M |
| SG&A Expenses | $82M |
| Other Expenses | $14M |
| Operating Expenses | $96M |
| Cost & Expenses | $454M |
| OPERATING INCOME | -$224M |
| Interest Income | $415M |
| Interest Expense | $357M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$224M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$221M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | -$79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$79M |
| D&A | $12M |
| EBIT | -$224M |
| EBITDA | -$211M |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$80M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$39M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$106M |
| Capital Expenditure | $2M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$722M |
| Sales/Maturities of Investments | $894M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $180M |
| Net Debt Issuance | -$58M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$32.0K |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | -$104M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $56M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $288M |
| Long-Term Investments | $25.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $522M |
| TOTAL NON-CURRENT ASSETS | $26.5B |
| TOTAL ASSETS | $26.5B |
| Account Payables | $0 |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $24.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10.0K |
| Other Non-Current Liabilities | $151M |
| TOTAL NON-CURRENT LIABILITIES | $24.7B |
| TOTAL LIABILITIES | $26.3B |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $936M |
| Retained Earnings | -$710M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$254.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $225M |
| Minority Interest | $48M |
| TOTAL EQUITY | $274M |
| TOTAL LIABILITIES & EQUITY | $26.5B |
| Total Debt | $26.0B |
| Net Debt | $25.9B |
