| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$27M | -$1M | $32M | -1954.4% | -185.3% |
| Op. Income | -$42M | -$9M | $25M | -364.6% | -266.1% |
| Gross Margin | 131.8% | 610.0% | 82.2% | -478.2pp | 49.6pp |
| Net Margin | 128.7% | 1399.0% | 78.9% | -1270.3pp | 49.8pp |
| EPS (Diluted) | $-0.52 | $-0.28 | $0.37 | -85.7% | -240.5% |
| Free Cash Flow | $78M | -$187M | -$88M | 141.7% | 188.9% |
| Item | Amount |
|---|---|
| REVENUE | -$27M |
| Cost of Revenue | $9M |
| GROSS PROFIT | -$36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $973.0K |
| SG&A Expenses | $973.0K |
| Other Expenses | $5M |
| Operating Expenses | $6M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$42M |
| Interest Income | $26M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$35M |
| D&A | $0 |
| EBIT | -$42M |
| EBITDA | -$42M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$35M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $91M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $94M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $705M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $712M |
| TOTAL LIABILITIES | $735M |
| Common Stock | $65.0K |
| Additional Paid-In Capital | $748M |
| Retained Earnings | -$163M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $586M |
| Minority Interest | $0 |
| TOTAL EQUITY | $586M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $705M |
| Net Debt | $650M |
