| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $34M | $66M | -55.4% | -77.0% |
| Op. Income | $5M | -$23M | $2M | 122.7% | 118.9% |
| Gross Margin | -0.8% | 65.5% | 67.9% | -66.2pp | -68.7pp |
| Net Margin | 211.7% | 1.5% | 38.9% | 210.2pp | 172.8pp |
| EPS (Diluted) | $0.20 | $0.00 | $0.25 | 6351.6% | -20.0% |
| Free Cash Flow | $80M | $76M | -$112M | 4.8% | 171.6% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $15M |
| GROSS PROFIT | -$117.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$5M |
| Operating Expenses | -$5M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $5M |
| Interest Income | $87M |
| Interest Expense | $6M |
| Other Income/Expenses | $89M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $0 |
| EBIT | $100M |
| EBITDA | $100M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $98M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$920M |
| Sales/Maturities of Investments | $957M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$89M |
| NET CASH FROM FINANCING | -$106M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $269M |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $0 |
| Other Current Assets | -$353M |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $119M |
| TOTAL NON-CURRENT ASSETS | $119M |
| TOTAL ASSETS | $6.5B |
| Account Payables | $0 |
| Short-Term Debt | $227M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$227M |
| TOTAL CURRENT LIABILITIES | $227M |
| Long-Term Debt | $210M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $245M |
| TOTAL NON-CURRENT LIABILITIES | $455M |
| TOTAL LIABILITIES | $683M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $215M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $1.5B |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $3.7B |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $438M |
| Net Debt | $169M |
