| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $3M | $9M | 214.3% | -15.7% |
| Op. Income | -$11M | -$16M | -$22M | 33.6% | 50.7% |
| Gross Margin | -5.2% | -27.7% | 4.8% | 22.5pp | -9.9pp |
| Net Margin | -122.8% | -676.2% | -11.7% | 553.5pp | -111.1pp |
| EPS (Diluted) | $-0.12 | $-0.22 | $-0.02 | 46.7% | -520.2% |
| Free Cash Flow | -$21M | -$27M | -$41M | 20.3% | 48.2% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $8M |
| GROSS PROFIT | -$409.2K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $933.2K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$162.2K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $2M |
| EBIT | -$6M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$162.2K |
| Other Non-Cash Items | -$838.9K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $17.5K |
| Purchases of Investments | -$17.5K |
| Sales/Maturities of Investments | $304.7K |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$566.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$246.3K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $8M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $63M |
| PP&E (Net) | $393M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $471M |
| TOTAL ASSETS | $534M |
| Account Payables | $7M |
| Short-Term Debt | $7M |
| Deferred Revenue | $447.1K |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $34M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $103M |
| TOTAL LIABILITIES | $133M |
| Common Stock | $594M |
| Additional Paid-In Capital | $8M |
| Retained Earnings | -$201M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$245.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $401M |
| Minority Interest | $0 |
| TOTAL EQUITY | $401M |
| TOTAL LIABILITIES & EQUITY | $534M |
| Total Debt | $12M |
| Net Debt | -$36M |
