| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $96M | $118M | -9.1% | -26.4% |
| Op. Income | $30M | $47M | $29M | -35.5% | 4.9% |
| Gross Margin | 59.8% | 71.7% | 43.0% | -11.9pp | 16.8pp |
| Net Margin | 20.5% | 29.9% | 194.7% | -9.4pp | -174.1pp |
| EPS (Diluted) | $0.42 | $0.67 | $2.76 | -37.3% | -84.8% |
| Free Cash Flow | $29M | $40M | -$34M | -27.9% | 185.0% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $4M |
| Operating Expenses | $22M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $30M |
| Interest Income | $200.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $4M |
| EBIT | $30M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $4M |
| Operating Expenses | $22M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $30M |
| Interest Income | $200.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $4M |
| EBIT | $30M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$200.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$300.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $0 |
| Net Receivables | $107M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $209M |
| PP&E (Net) | $109M |
| Goodwill | $20M |
| Intangible Assets | $0 |
| Long-Term Investments | $46M |
| Tax Assets | $63M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $266M |
| TOTAL ASSETS | $475M |
| Account Payables | $23M |
| Short-Term Debt | $29M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $273M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $127M |
| TOTAL NON-CURRENT LIABILITIES | $475M |
| TOTAL LIABILITIES | $530M |
| Common Stock | $0 |
| Additional Paid-In Capital | $900.0K |
| Retained Earnings | -$42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$55M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$55M |
| TOTAL LIABILITIES & EQUITY | $475M |
| Total Debt | $378M |
| Net Debt | $276M |
