| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $150M | $712.0K | -96.8% | 581.6% |
| Op. Income | -$25M | $123M | -$19M | -120.7% | -31.3% |
| Gross Margin | -353.0% | 87.7% | -1659.4% | -440.7pp | 1306.4pp |
| Net Margin | -457.6% | 82.4% | -2680.8% | -540.0pp | 2223.1pp |
| EPS (Diluted) | $-0.51 | $2.94 | $-0.49 | -117.3% | -4.1% |
| Free Cash Flow | -$2M | $123M | -$20M | -101.7% | 89.6% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $22M |
| GROSS PROFIT | -$17M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$22M |
| Operating Expenses | $8M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$25M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $59.0K |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $1M |
| EBIT | -$25M |
| EBITDA | -$24M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $72.0K |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | -$835.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $23M |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $28M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $282M |
| PP&E (Net) | $32M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $316M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $32M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $51M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $117M |
| Common Stock | $44.0K |
| Additional Paid-In Capital | $491M |
| Retained Earnings | -$292M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$133.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $199M |
| Minority Interest | $0 |
| TOTAL EQUITY | $199M |
| TOTAL LIABILITIES & EQUITY | $316M |
| Total Debt | $22M |
| Net Debt | -$223M |
