| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | — | $88M | — | 29.1% |
| Op. Income | -$170M | — | $155M | — | -209.5% |
| Net Margin | -162.4% | — | 164.6% | — | -327.0pp |
| EPS (Diluted) | $-1.23 | — | $1.31 | — | -193.9% |
| Free Cash Flow | $255M | — | $264M | — | -3.6% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $284M |
| OPERATING INCOME | -$170M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$185M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$185M |
| D&A | $0 |
| EBIT | -$170M |
| EBITDA | -$170M |
| EPS | -$6 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$185M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $432M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $255M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$361M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$326M |
| Net Debt Issuance | $61M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$59M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $83M |
| FREE CASH FLOW | $255M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | -$65M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $1.3B |
| Account Payables | $0 |
| Short-Term Debt | $29M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$29M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $474M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$474M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $520M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$365M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $783M |
| Minority Interest | $0 |
| TOTAL EQUITY | $783M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $504M |
| Net Debt | $458M |
