| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $249M | $230M | $444M | 8.3% | -43.9% |
| Op. Income | $118M | $121M | $339M | -2.5% | -65.2% |
| Gross Margin | 57.8% | 62.2% | 82.9% | -4.3pp | -25.1pp |
| Net Margin | 41.8% | 48.3% | 75.2% | -6.5pp | -33.5pp |
| EPS (Diluted) | $0.21 | $0.22 | $0.73 | -4.5% | -71.2% |
| Free Cash Flow | $262M | $243M | $264M | 7.8% | -0.8% |
| Item | Amount |
|---|---|
| REVENUE | $249M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $15M |
| Operating Expenses | $26M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $118M |
| Interest Income | $385M |
| Interest Expense | $105M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $104M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $104M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $0 |
| EBIT | $118M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $249M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $15M |
| Operating Expenses | $26M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $118M |
| Interest Income | $385M |
| Interest Expense | $105M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $104M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $104M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $0 |
| EBIT | $118M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $104M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $135M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $262M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $2.0B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$242M |
| Net Debt Issuance | $86M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$234M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $81M |
| FREE CASH FLOW | $262M |
| Net Change in Cash | $101M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $257M |
| Short-Term Investments | $0 |
| Net Receivables | $181M |
| Inventory | $0 |
| Other Current Assets | $105M |
| TOTAL CURRENT ASSETS | $543M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $21.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $135M |
| TOTAL NON-CURRENT ASSETS | $21.5B |
| TOTAL ASSETS | $22.0B |
| Account Payables | $223M |
| Short-Term Debt | $54M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $573M |
| Long-Term Debt | $11.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $12.0B |
| TOTAL LIABILITIES | $12.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $9.4B |
| Retained Earnings | $66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.4B |
| TOTAL LIABILITIES & EQUITY | $22.0B |
| Total Debt | $12.0B |
| Net Debt | $11.7B |
