| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | — | $43M | — | 77.2% |
| Op. Income | $12M | — | -$23M | — | 151.1% |
| Gross Margin | 47.9% | — | 33.3% | — | 14.6pp |
| Net Margin | 17.7% | — | -42.7% | — | 60.3pp |
| EPS (Diluted) | $0.14 | — | $-0.21 | — | 166.7% |
| Free Cash Flow | $17M | — | $5M | — | 234.9% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $15M |
| Operating Expenses | $25M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $12M |
| Interest Income | $53M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $14M |
| Net Income Deductions | -$300.0K |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $936.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $15M |
| Operating Expenses | $25M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $12M |
| Interest Income | $53M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $14M |
| Net Income Deductions | -$300.0K |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $936.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $936.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$80M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | -$211M |
| NET CASH FROM INVESTING | -$240M |
| Net Debt Issuance | -$85M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$37M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $210M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $713M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $114M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $114M |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$326M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$8M |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $44M |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $3.3B |
| Net Debt | $3.1B |
