| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | — | — | — | — |
| Op. Income | -$60M | — | — | — | — |
| Gross Margin | 71.7% | — | — | — | — |
| Net Margin | -38.6% | — | — | — | — |
| EPS (Diluted) | $-0.94 | — | — | — | — |
| Free Cash Flow | $4M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | $84M |
| Operating Expenses | $145M |
| Cost & Expenses | $178M |
| OPERATING INCOME | -$60M |
| Interest Income | $2M |
| Interest Expense | $12M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$64M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | -$45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$45M |
| D&A | $15M |
| EBIT | -$51M |
| EBITDA | -$36M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$45M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $68M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$725.0K |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $0 |
| Net Receivables | $123M |
| Inventory | $0 |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $309M |
| PP&E (Net) | $62M |
| Goodwill | $217M |
| Intangible Assets | $424M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $711M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $112M |
| Long-Term Debt | $608M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $660M |
| TOTAL LIABILITIES | $771M |
| Common Stock | $49.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$771M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $239M |
| Minority Interest | $9M |
| TOTAL EQUITY | $248M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $643M |
| Net Debt | $511M |
