| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $135M | — | $0 | — | — |
| Op. Income | -$45M | — | -$2M | — | -2754.1% |
| Gross Margin | 71.8% | — | — | — | — |
| Net Margin | -16.1% | — | — | — | — |
| EPS (Diluted) | $-3.00 | — | $9.68 | — | -131.0% |
| Free Cash Flow | $4M | — | -$1M | — | 367.1% |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $97M |
| R&D Expenses | $16M |
| Selling & Marketing | $9M |
| General & Administrative | $57M |
| SG&A Expenses | $66M |
| Other Expenses | $60M |
| Operating Expenses | $142M |
| Cost & Expenses | $180M |
| OPERATING INCOME | -$45M |
| Interest Income | $166.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$196.0K |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | -$22M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $46M |
| EBIT | -$34M |
| EBITDA | $12M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$199M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$201M |
| NET CASH FROM INVESTING | -$203M |
| Net Debt Issuance | $109M |
| Common Stock Repurchased | -$309.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$309.0K |
| NET CASH FROM FINANCING | $109M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $127M |
| Inventory | $39M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $258M |
| PP&E (Net) | $27M |
| Goodwill | $1.1B |
| Intangible Assets | $868M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $170M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $30M |
| Short-Term Debt | $34M |
| Deferred Revenue | $237M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $479M |
| Long-Term Debt | $616M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $94M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $723M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$269M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $666M |
| Net Debt | $597M |
