| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | -$522.0K | $1M | 24328.5% | 10300.7% |
| Op. Income | $50M | -$71M | -$63M | 170.2% | 178.2% |
| Gross Margin | 63.0% | 8523.2% | -3513.1% | -8460.2pp | 3576.1pp |
| Net Margin | 36.8% | 13634.9% | -5323.6% | -13598.1pp | 5360.4pp |
| EPS (Diluted) | $7.17 | $-11.31 | $-14.03 | 163.4% | 151.1% |
| Free Cash Flow | $65M | -$81M | -$52M | 180.3% | 224.4% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $80M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | -$45M |
| Operating Expenses | $30M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $50M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $2M |
| EBIT | $50M |
| EBITDA | $51M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $80M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | -$45M |
| Operating Expenses | $30M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $50M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $2M |
| EBIT | $50M |
| EBITDA | $51M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $51M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $168.0K |
| NET CASH FROM FINANCING | $58M |
| FREE CASH FLOW | $65M |
| Net Change in Cash | $135M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $230M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $5M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $251M |
| PP&E (Net) | $134M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $155M |
| TOTAL ASSETS | $406M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $78M |
| Long-Term Debt | $101M |
| Deferred Revenue NC | $95M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $306M |
| TOTAL LIABILITIES | $384M |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $912M |
| Retained Earnings | -$889M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $406M |
| Total Debt | $213M |
| Net Debt | -$17M |
