| Metrics | 2020 | 2022 | 2023 |
|---|---|---|---|
| Revenue & Cost | |||
| Total Revenue | $10.42M | $11.45M | $11.05M |
| Cost of Revenue | $0.00 | $5.01M | $4.59M |
| Gross Profit | $0.00 | $6.45M | $6.46M |
| Gross Margin % | 0.00% | 56.29% | 58.50% |
| Operating Expenses | |||
| R&D Expenses | $0.00 | - | - |
| SG&A Expenses | $1.70M | $3.70M | $3.74M |
| Other Operating Expenses | $4.35M | $4.38M | $906.39K |
| Total Operating Expenses | $6.04M | $8.08M | $4.65M |
| Operating Performance | |||
| Operating Income | $505.12K | $-3.77M | $722.88K |
| Operating Margin % | 4.85% | -32.93% | 6.54% |
| EBITDA | $18.41M | $3.32M | $7.69M |
| EBITDA Margin % | 176.59% | 28.96% | 69.61% |
| Other Income/Expenses | |||
| Interest Expense | $8.51M | $3.18M | $-28.11M |
| Other Income/Expenses Net | $4.75M | $-3.18M | $-57.61M |
| Income Before Tax | $5.26M | $-6.95M | $-56.89M |
| Income Tax Expense | $0.00 | $3.18M | - |
| Net Performance | |||
| Net Income | $5.26M | $-10.13M | $-56.89M |
| Net Margin % | 50.42% | -88.48% | -514.77% |
| EPS | $0.28 | $-0.49 | $-2.34 |
| Diluted EPS | $0.28 | $-0.49 | $-2.34 |
| Metrics | 2020 | 2022 | 2023 | |
|---|---|---|---|---|
| Assets | ||||
| Current Assets | ||||
| Cash & Cash Equivalents | $18.61M | $35.78M | $28.57M | $10.67M |
| Short Term Investments | - | $1.31M | $147.96K | $4.96M |
| Net Receivables | $2.51M | $2.46M | $4.10M | $6.54M |
| Inventory | - | - | - | - |
| Other Current Assets | - | - | - | - |
| Total Current Assets | $21.12M | $39.56M | $32.82M | $22.17M |
| Non-Current Assets | ||||
| Property, Plant & Equipment (Net) | $16.11M | $27.39M | $27.38M | - |
| Long Term Investments | - | - | - | - |
| Tax Assets | - | - | - | - |
| Other Non-Current Assets | - | - | - | - |
| Total Non-Current Assets | - | $34.85M | $29.95M | $9.87M |
| Total Assets | ||||
| Total Assets | $588.48M | $693.54M | $813.34M | $670.74M |
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts Payable | - | - | $1.45M | - |
| Short Term Debt | - | $118.96M | $242.36M | - |
| Tax Payables | - | - | - | - |
| Deferred Revenue | - | - | - | - |
| Other Current Liabilities | - | - | - | - |
| Total Current Liabilities | - | $118.96M | $243.82M | - |
| Non-Current Liabilities | ||||
| Long Term Debt | - | $38.19M | $14.80M | - |
| Other Non-Current Liabilities | - | $262.55M | $232.84M | - |
| Total Non-Current Liabilities | - | $300.74M | $247.64M | - |
| Total Liabilities | ||||
| Total Liabilities | $285.15M | $419.70M | $491.45M | $429.09M |
| Shareholders Equity | ||||
| Equity Components | ||||
| Common Stock | $194.88K | $194.88K | $243.35K | $243.36K |
| Retained Earnings | - | $-99.92M | $-122.94M | $-203.05M |
| Accumulated Other Comprehensive Income/Loss | - | - | - | - |
| Total Shareholders Equity | $303.33M | $273.84M | $321.88M | $241.65M |
| Key Metrics | ||||
| Balance Check | ||||
| Total Liabilities & Equity | $588.48M | $693.54M | $813.34M | $670.74M |
| Total Debt | - | $157.15M | $257.16M | - |
| Net Debt | $-18.61M | $121.36M | $228.59M | $-10.67M |
| Metrics | 2022 | 2023 |
|---|---|---|
| Operating Activities | ||
| Core Operations | ||
| Net Income | $-6.95M | $-56.89M |
| Depreciation & Amortization | $7.09M | $8.09M |
| Stock Based Compensation | - | - |
| Working Capital Changes | ||
| Change in Accounts Receivable | - | - |
| Change in Inventory | - | - |
| Change in Accounts Payable | $-552.73K | $1.12M |
| Other Working Capital Changes | $820.58K | $-1.12M |
| Total Working Capital Change | $267.85K | $1.12M |
| Other Operating | ||
| Other Non-Cash Items | - | $56.28M |
| Net Cash from Operations | $403.77K | $8.61M |
| Investing Activities | ||
| Capital Investments | ||
| Capital Expenditures | - | - |
| Purchase of Investments | $-25.64M | $-35.24M |
| Sale of Investments | $34.15M | $2.42M |
| Other Investing Activities | $-57.64M | $22.77M |
| Net Cash from Investing | $-49.14M | $-10.04M |
| Financing Activities | ||
| Debt & Equity | ||
| Debt Repayment | $-236.99M | - |
| Stock Repurchases | - | - |
| Dividends Paid | - | - |
| Other Financing Activities | $271.10M | - |
| Net Cash from Financing | $34.10M | - |
| Cash Position | ||
| Summary | ||
| Net Change in Cash | $-14.63M | $-1.43M |
| Cash at Beginning of Period | $51.10M | - |
| Cash at End of Period | $36.47M | $-1.43M |
| Key Metrics | ||
| Operating Cash Flow | $403.77K | $8.61M |
| Capital Expenditure | - | - |
| Free Cash Flow | $403.77K | $8.61M |