| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $42M | $36M | 84.6% | 115.5% |
| Op. Income | -$15M | $6M | $13M | -367.2% | -212.6% |
| Gross Margin | 30.5% | 64.7% | 89.0% | -34.2pp | -58.5pp |
| Net Margin | -12.6% | 9.6% | 26.9% | -22.2pp | -39.5pp |
| EPS (Diluted) | $-0.29 | $0.20 | $0.49 | -245.0% | -159.2% |
| Free Cash Flow | -$26M | -$2M | $6M | -1406.2% | -501.0% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $20M |
| Operating Expenses | $38M |
| Cost & Expenses | $92M |
| OPERATING INCOME | -$15M |
| Interest Income | $71M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | -$5M |
| 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 | $4M |
| EBIT | -$15M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $528.0K |
| Deferred Income Tax | -$191.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26.0K |
| Sales/Maturities of Investments | $454M |
| Other Investing Activities | -$56M |
| NET CASH FROM INVESTING | $396M |
| Net Debt Issuance | -$345M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | -$309M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $79M |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $204M |
| PP&E (Net) | $94M |
| Goodwill | $63M |
| Intangible Assets | $57M |
| Long-Term Investments | $5.1B |
| Tax Assets | $49M |
| Other Non-Current Assets | $139M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $72M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $95M |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $331.0K |
| Additional Paid-In Capital | $356M |
| Retained Earnings | $159M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $505M |
| Minority Interest | $0 |
| TOTAL EQUITY | $505M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $85M |
| Net Debt | -$24M |
