| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $2M | — | 50.5% | — |
| Op. Income | -$5M | -$5M | — | 5.1% | — |
| Gross Margin | -10.0% | -12.8% | — | 2.8pp | — |
| Net Margin | 159.2% | -787.9% | — | 947.1pp | — |
| EPS (Diluted) | $0.08 | $-0.78 | — | 110.6% | — |
| Free Cash Flow | -$10M | -$14M | — | 25.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$363.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $187.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $642.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $642.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $246.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$56M |
| Sales/Maturities of Investments | $86M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | -$456.0K |
| Common Stock Repurchased | -$239.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $676.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $10M |
| Net Receivables | $404.0K |
| Inventory | $0 |
| Other Current Assets | $103M |
| TOTAL CURRENT ASSETS | $144M |
| PP&E (Net) | $305M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $317M |
| TOTAL ASSETS | $462M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $171M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $313M |
| TOTAL LIABILITIES | $342M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $93M |
| Retained Earnings | -$33M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $67.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $59M |
| TOTAL EQUITY | $120M |
| TOTAL LIABILITIES & EQUITY | $462M |
| Total Debt | $296M |
| Net Debt | $271M |
