| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $151M | $158M | $138M | -4.2% | 9.7% |
| Op. Income | -$88.7K | -$11M | $14M | 99.2% | -100.6% |
| Gross Margin | 46.0% | 38.6% | 64.6% | 7.4pp | -18.6pp |
| Net Margin | -0.4% | -5.4% | 9.0% | 5.0pp | -9.4pp |
| EPS (Diluted) | $-0.24 | $-1.50 | $1.94 | 84.0% | -112.4% |
| Free Cash Flow | $77M | $57M | $56M | 35.0% | 38.1% |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $54M |
| SG&A Expenses | $55M |
| Other Expenses | $15M |
| Operating Expenses | $70M |
| Cost & Expenses | $151M |
| OPERATING INCOME | -$88.7K |
| Interest Income | $130M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$88.7K |
| Income Tax Expense | $548.9K |
| Net Income from Continuing Ops | -$637.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$637.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$637.6K |
| D&A | $3M |
| EBIT | -$88.7K |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$637.6K |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $75M |
| Change in Working Capital | -$892.5K |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$295.2K |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $110M |
| Goodwill | $7M |
| Intangible Assets | $18M |
| Long-Term Investments | $1.0B |
| Tax Assets | $47M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.2B |
| Account Payables | $55M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $747M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $836M |
| TOTAL LIABILITIES | $891M |
| Common Stock | $0 |
| Additional Paid-In Capital | $289M |
| Retained Earnings | $68M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $357M |
| Minority Interest | $0 |
| TOTAL EQUITY | $357M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $835M |
| Net Debt | $814M |
