| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $101M | $67M | 22.1% | 82.9% |
| Op. Income | $17M | $18M | $12M | -5.3% | 41.0% |
| Gross Margin | 2.1% | 0.3% | -2.4% | 1.8pp | 4.5pp |
| Net Margin | 23.5% | 24.0% | 9.7% | -0.5pp | 13.8pp |
| EPS (Diluted) | $0.29 | $0.24 | $0.04 | 20.8% | 557.6% |
| Free Cash Flow | $28M | $8M | $27M | 245.9% | 6.2% |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$15M |
| Operating Expenses | -$15M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $17M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $181.0K |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $18M |
| EBIT | $53M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$15M |
| Operating Expenses | -$15M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $17M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $181.0K |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $18M |
| EBIT | $53M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$787.0K |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$76.0K |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $151M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $104M |
| Net Debt Issuance | -$126M |
| Common Stock Repurchased | -$130.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$149M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $177M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $237M |
| PP&E (Net) | $70M |
| Goodwill | $0 |
| Intangible Assets | $103M |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $103M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $677.0K |
| Additional Paid-In Capital | $589M |
| Retained Earnings | -$123M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $15M |
| TOTAL STOCKHOLDERS' EQUITY | $653M |
| Minority Interest | $258M |
| TOTAL EQUITY | $911M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
