| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $34M | $8M | -59.4% | 80.5% |
| Op. Income | -$266.4K | $21M | -$1M | -101.3% | 79.4% |
| Gross Margin | 14.9% | 69.7% | 9.7% | -54.8pp | 5.1pp |
| Net Margin | -1.6% | 56.7% | -19.5% | -58.3pp | 18.0pp |
| EPS (Diluted) | $-0.02 | $1.62 | $-0.12 | -101.1% | 85.0% |
| Free Cash Flow | -$111M | $33M | -$80M | -440.7% | -38.3% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$497 |
| Operating Expenses | $2M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$266.4K |
| Interest Income | $30M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$266.4K |
| Income Tax Expense | -$53.2K |
| Net Income from Continuing Ops | -$213.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$213.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$213.3K |
| D&A | $0 |
| EBIT | -$266.4K |
| EBITDA | -$266.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$213.3K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$110M |
| Change in Working Capital | -$359.3K |
| OPERATING CASH FLOW | -$111M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$139.8B |
| Sales/Maturities of Investments | $11.1B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$128.8B |
| Net Debt Issuance | $77M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$1.8K |
| NET CASH FROM FINANCING | $68M |
| FREE CASH FLOW | -$111M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.1B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $790M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $802M |
| TOTAL LIABILITIES | $809M |
| Common Stock | $11.8K |
| Additional Paid-In Capital | $321M |
| Retained Earnings | $17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $337M |
| Minority Interest | $0 |
| TOTAL EQUITY | $337M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $790M |
| Net Debt | $768M |
