| Metrics | 2022 | 2023 |
|---|---|---|
| Revenue & Cost | ||
| Total Revenue | $26.64M | $-9.87M |
| Cost of Revenue | $19.98M | - |
| Gross Profit | $6.66M | $-9.87M |
| Gross Margin % | 25.01% | 100.00% |
| Operating Expenses | ||
| R&D Expenses | - | - |
| SG&A Expenses | $4.78M | $5.67M |
| Other Operating Expenses | $-9.38M | - |
| Total Operating Expenses | $4.78M | $21.57M |
| Operating Performance | ||
| Operating Income | $41.07M | $-1.34M |
| Operating Margin % | 154.15% | 13.56% |
| EBITDA | $41.07M | $11.94M |
| EBITDA Margin % | 154.15% | -120.93% |
| Other Income/Expenses | ||
| Interest Expense | $19.20M | $28.97M |
| Other Income/Expenses Net | $-19.20M | $-14.36M |
| Income Before Tax | $21.87M | $-15.70M |
| Income Tax Expense | $715.00K | $1.49M |
| Net Performance | ||
| Net Income | $21.15M | $-17.19M |
| Net Margin % | 79.39% | 174.10% |
| EPS | $0.86 | $-0.56 |
| Diluted EPS | $0.86 | $-0.56 |
| Metrics | 2022 | 2023 |
|---|---|---|
| Assets | ||
| Current Assets | ||
| Cash & Cash Equivalents | $20.61M | $73.08M |
| Short Term Investments | $2.79M | $2.64M |
| Net Receivables | $13.57M | $13.93M |
| Inventory | $44.04M | $1.00 |
| Other Current Assets | $-44.04M | $-89.65M |
| Total Current Assets | $34.19M | $63.20M |
| Non-Current Assets | ||
| Property, Plant & Equipment (Net) | - | - |
| Long Term Investments | $727.09M | $709.09M |
| Tax Assets | - | $802.36M |
| Other Non-Current Assets | $-727.09M | $-772.28M |
| Total Non-Current Assets | $727.09M | $739.16M |
| Total Assets | ||
| Total Assets | $766.83M | $802.36M |
| Liabilities | ||
| Current Liabilities | ||
| Accounts Payable | $9.16M | $11.01M |
| Short Term Debt | $31.49M | $47.93M |
| Tax Payables | - | - |
| Deferred Revenue | $-22.33M | - |
| Other Current Liabilities | $-9.16M | $-69.96M |
| Total Current Liabilities | $9.16M | $58.94M |
| Non-Current Liabilities | ||
| Long Term Debt | $434.08M | $414.30M |
| Other Non-Current Liabilities | $-424.92M | $-414.30M |
| Total Non-Current Liabilities | $9.16M | $430.44M |
| Total Liabilities | ||
| Total Liabilities | $448.38M | $478.38M |
| Shareholders Equity | ||
| Equity Components | ||
| Common Stock | $29.00K | $36.00K |
| Retained Earnings | $-67.50M | $-127.00M |
| Accumulated Other Comprehensive Income/Loss | - | $0.00 |
| Total Shareholders Equity | $318.45M | $323.98M |
| Key Metrics | ||
| Balance Check | ||
| Total Liabilities & Equity | $766.83M | $802.36M |
| Total Debt | $434.08M | $462.24M |
| Net Debt | $413.47M | $389.16M |
| Metrics | 2022 | 2023 |
|---|---|---|
| Operating Activities | ||
| Core Operations | ||
| Net Income | $21.15M | $-17.19M |
| Depreciation & Amortization | $1.60M | $1.85M |
| Stock Based Compensation | - | - |
| Working Capital Changes | ||
| Change in Accounts Receivable | $-3.42M | $1.77M |
| Change in Inventory | - | - |
| Change in Accounts Payable | $-264.00K | $-1.41M |
| Other Working Capital Changes | $-4.24M | $-4.99M |
| Total Working Capital Change | $-7.93M | $-4.62M |
| Other Operating | ||
| Other Non-Cash Items | $-261.11M | $71.88M |
| Net Cash from Operations | $-246.28M | $50.07M |
| Investing Activities | ||
| Capital Investments | ||
| Capital Expenditures | - | - |
| Purchase of Investments | $-421.98M | $-218.69M |
| Sale of Investments | $49.96M | $163.36M |
| Other Investing Activities | - | - |
| Net Cash from Investing | $-372.01M | $-55.33M |
| Financing Activities | ||
| Debt & Equity | ||
| Debt Repayment | $-177.43M | $-25.94M |
| Stock Repurchases | - | - |
| Dividends Paid | $-29.85M | $-40.52M |
| Other Financing Activities | $352.14M | $51.88M |
| Net Cash from Financing | $229.46M | $50.51M |
| Cash Position | ||
| Summary | ||
| Net Change in Cash | $-16.82M | $45.40M |
| Cash at Beginning of Period | $47.28M | $27.68M |
| Cash at End of Period | $30.47M | $73.08M |
| Key Metrics | ||
| Operating Cash Flow | $-246.28M | $50.07M |
| Capital Expenditure | - | - |
| Free Cash Flow | $-246.28M | $50.07M |