| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $244M | $227M | -70.4% | -68.3% |
| Op. Income | -$138M | $45M | $48M | -407.3% | -390.2% |
| Gross Margin | -63.5% | 57.1% | 61.7% | -120.6pp | -125.3pp |
| Net Margin | 102.5% | 17.0% | 19.8% | 85.4pp | 82.7pp |
| EPS (Diluted) | $1.20 | $0.68 | $0.74 | 76.5% | 62.2% |
| Free Cash Flow | $10M | -$66M | $13M | 114.7% | -26.2% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $118M |
| GROSS PROFIT | -$46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $23M |
| Operating Expenses | $93M |
| Cost & Expenses | $210M |
| OPERATING INCOME | -$138M |
| Interest Income | $239M |
| Interest Expense | $98M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$138M |
| Income Tax Expense | -$38M |
| Net Income from Continuing Ops | -$101M |
| Net Income from Discontinued Ops | $174M |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $10M |
| EBIT | -$138M |
| EBITDA | -$128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$62M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $217M |
| NET CASH FROM INVESTING | $319M |
| Net Debt Issuance | -$150M |
| Common Stock Repurchased | -$59.0K |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $216M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $822M |
| Short-Term Investments | $1.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $270M |
| Goodwill | $335M |
| Intangible Assets | $137M |
| Long-Term Investments | $14.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $701M |
| TOTAL NON-CURRENT ASSETS | $16.0B |
| TOTAL ASSETS | $18.5B |
| Account Payables | $0 |
| Short-Term Debt | $314M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.5B |
| TOTAL CURRENT LIABILITIES | $15.8B |
| Long-Term Debt | $522M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $234M |
| TOTAL NON-CURRENT LIABILITIES | $796M |
| TOTAL LIABILITIES | $16.6B |
| Common Stock | $13M |
| Additional Paid-In Capital | $162M |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $18.5B |
| Total Debt | $877M |
| Net Debt | $55M |
