| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $28M | $19M | 16.0% | 70.9% |
| Op. Income | -$302.0K | $877.0K | $283.0K | -134.4% | -206.7% |
| Gross Margin | 51.1% | 57.1% | 86.8% | -6.0pp | -35.7pp |
| Net Margin | -0.3% | 1.2% | 4.1% | -1.5pp | -4.4pp |
| EPS (Diluted) | $-0.00 | $0.01 | $0.03 | -126.1% | -111.1% |
| Free Cash Flow | -$6M | $6M | $14M | -200.7% | -141.4% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $303.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $9M |
| Operating Expenses | $17M |
| Cost & Expenses | $33M |
| OPERATING INCOME | -$302.0K |
| Interest Income | $31M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$302.0K |
| Income Tax Expense | -$215.0K |
| Net Income from Continuing Ops | -$87.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$87.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$87.0K |
| D&A | $2M |
| EBIT | -$302.0K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$87.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $696.0K |
| Deferred Income Tax | -$195.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$91.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$81M |
| NET CASH FROM INVESTING | -$69M |
| Net Debt Issuance | $34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $100M |
| NET CASH FROM FINANCING | $134M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $245M |
| Short-Term Investments | $124M |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $385M |
| PP&E (Net) | $49M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.2B |
| Tax Assets | $16M |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $5M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $675M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $728M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $249.0K |
| Additional Paid-In Capital | $207M |
| Retained Earnings | $94M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | -$14M |
| TOTAL STOCKHOLDERS' EQUITY | $490M |
| Minority Interest | $0 |
| TOTAL EQUITY | $490M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $716M |
| Net Debt | $471M |
