| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $282.0K | 0.9% | 2275.2% |
| Op. Income | -$19M | -$22M | -$24M | 13.0% | 20.2% |
| Gross Margin | 4.2% | 13.8% | 17.0% | -9.6pp | -12.9pp |
| Net Margin | -351.3% | -399.7% | -9139.0% | 48.4pp | 8787.8pp |
| EPS (Diluted) | $-3.04 | $-3.85 | $-4.14 | 21.0% | 26.6% |
| Free Cash Flow | -$41M | -$27M | -$25M | -51.4% | -63.6% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $279.0K |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$19M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $3M |
| EBIT | -$19M |
| EBITDA | -$16M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $4M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $197M |
| Goodwill | $38M |
| Intangible Assets | $46M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24.0K |
| TOTAL NON-CURRENT ASSETS | $281M |
| TOTAL ASSETS | $299M |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $122M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $162M |
| TOTAL LIABILITIES | $194M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $307M |
| Retained Earnings | -$203M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $104M |
| Minority Interest | $0 |
| TOTAL EQUITY | $104M |
| TOTAL LIABILITIES & EQUITY | $299M |
| Total Debt | $123M |
| Net Debt | $115M |
