| Metrics | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenue & Cost | |||
| Total Revenue | $36.22M | $46.17M | $46.94M |
| Cost of Revenue | $6.69M | $8.90M | $5.16M |
| Gross Profit | $29.53M | $37.27M | $41.78M |
| Gross Margin % | 81.53% | 80.73% | 89.00% |
| Operating Expenses | |||
| R&D Expenses | $0.00 | - | - |
| SG&A Expenses | $12.65M | $10.21M | $17.81M |
| Other Operating Expenses | $15.27M | $14.93M | $21.65M |
| Total Operating Expenses | $27.92M | $25.14M | $39.74M |
| Operating Performance | |||
| Operating Income | $-1.53M | $12.53M | $2.31M |
| Operating Margin % | -4.23% | 27.13% | 4.93% |
| EBITDA | $22.56M | $27.46M | $23.43M |
| EBITDA Margin % | 62.28% | 59.46% | 49.93% |
| Other Income/Expenses | |||
| Interest Expense | $7.73M | $8.11M | $17.50M |
| Other Income/Expenses Net | $1.10M | $-17.04M | $-11.01M |
| Income Before Tax | $-435.51K | $-4.51M | $-8.70M |
| Income Tax Expense | $0.00 | $15.42M | - |
| Net Performance | |||
| Net Income | $-435.51K | $-19.93M | $-6.61M |
| Net Margin % | -1.20% | -43.17% | -14.09% |
| EPS | $-0.20 | $-2.66 | $-1.36 |
| Diluted EPS | $-0.20 | $-2.66 | $-1.36 |
| Metrics | 2021 | 2022 | 2023 |
|---|---|---|---|
| Assets | |||
| Current Assets | |||
| Cash & Cash Equivalents | $55.97M | $8.61M | $3.13M |
| Short Term Investments | - | $4.63M | $2.97M |
| Net Receivables | $8.52M | $8.86M | $12.79M |
| Inventory | $32.30M | $5.27M | $11.66M |
| Other Current Assets | $5.64M | $2.25M | - |
| Total Current Assets | $102.42M | $22.74M | $29.48M |
| Non-Current Assets | |||
| Property, Plant & Equipment (Net) | - | $403.92M | $1.35M |
| Long Term Investments | $9.94M | $10.01M | $24.06M |
| Tax Assets | - | $-403.92M | $458.85M |
| Other Non-Current Assets | $298.12M | $421.43M | $15.83M |
| Total Non-Current Assets | $326.08M | $433.29M | $501.41M |
| Total Assets | |||
| Total Assets | $428.49M | $456.03M | $530.90M |
| Liabilities | |||
| Current Liabilities | |||
| Accounts Payable | $1.77M | $9.25M | $562.65K |
| Short Term Debt | $8.02M | $151.02M | - |
| Tax Payables | - | - | - |
| Deferred Revenue | $1.74M | $1.87M | $2.16M |
| Other Current Liabilities | $6.59M | $-1.75M | $262.49M |
| Total Current Liabilities | $18.12M | $160.38M | $265.22M |
| Non-Current Liabilities | |||
| Long Term Debt | $176.06M | $44.44M | $8.87M |
| Other Non-Current Liabilities | $11.89M | $10.17M | $31.69M |
| Total Non-Current Liabilities | $187.95M | $54.61M | $40.56M |
| Total Liabilities | |||
| Total Liabilities | $206.06M | $214.99M | $305.77M |
| Shareholders Equity | |||
| Equity Components | |||
| Common Stock | $7.49K | $7.76K | $8.05K |
| Retained Earnings | $-101.62M | $-117.95M | $-145.55M |
| Accumulated Other Comprehensive Income/Loss | - | $3.50M | $2.66M |
| Total Shareholders Equity | $171.83M | $159.75M | $144.44M |
| Key Metrics | |||
| Balance Check | |||
| Total Liabilities & Equity | $377.89M | $456.03M | $530.90M |
| Total Debt | $184.08M | $195.45M | $257.38M |
| Net Debt | $128.11M | $186.85M | $254.25M |
| Metrics | 2021 | 2022 | 2023 |
|---|---|---|---|
| Operating Activities | |||
| Core Operations | |||
| Net Income | $-435.51K | $-4.51M | $-8.70M |
| Depreciation & Amortization | $15.27M | $13.92M | $14.74M |
| Stock Based Compensation | $2.74M | $2.40M | $11.17M |
| Working Capital Changes | |||
| Change in Accounts Receivable | $753.91K | $-2.07M | $386.15K |
| Change in Inventory | - | - | $-962.69K |
| Change in Accounts Payable | $977.56K | $-744.08K | $-903.39K |
| Other Working Capital Changes | - | $555.34K | $903.39K |
| Total Working Capital Change | $-1.45M | $-2.26M | $-576.54K |
| Other Operating | |||
| Other Non-Cash Items | $-6.39M | $7.10M | $-14.60T |
| Net Cash from Operations | $9.73M | $16.65M | $16.58M |
| Investing Activities | |||
| Capital Investments | |||
| Capital Expenditures | - | $-6.50M | $-4.75M |
| Purchase of Investments | - | $-127.14M | $-811.81K |
| Sale of Investments | - | $62.75M | $1.71T |
| Other Investing Activities | $21.83M | $-123.82M | $-1.71T |
| Net Cash from Investing | $21.83M | $-61.06M | $-93.60M |
| Financing Activities | |||
| Debt & Equity | |||
| Debt Repayment | $-48.57M | $-138.52M | $-16.32M |
| Stock Repurchases | $-19.08M | $-4.16M | $-1.13M |
| Dividends Paid | $-3.47M | $-9.69M | $-11.84M |
| Other Financing Activities | $85.26M | $146.87M | $100.00M |
| Net Cash from Financing | $18.47M | $-5.38M | $71.54M |
| Cash Position | |||
| Summary | |||
| Net Change in Cash | $50.03M | $-49.80M | $-5.48M |
| Cash at Beginning of Period | $8.38M | $58.41M | $8.61M |
| Cash at End of Period | $58.41M | $8.61M | $3.13M |
| Key Metrics | |||
| Operating Cash Flow | $9.73M | $16.65M | $16.58M |
| Capital Expenditure | $-195.75K | $-6.50M | $-4.75M |
| Free Cash Flow | $9.53M | $10.15M | $11.83M |