| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $0 | $0 | — | — |
| Op. Income | -$88.5K | -$2M | -$382.5K | 94.6% | 76.9% |
| Gross Margin | 6.5% | — | — | — | — |
| Net Margin | 0.3% | — | — | — | — |
| EPS (Diluted) | $0.01 | $-0.03 | $0.21 | 121.5% | -96.5% |
| Free Cash Flow | $13.8K | -$375.9K | — | 103.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $883.7K |
| Operating Expenses | $3M |
| Cost & Expenses | $40M |
| OPERATING INCOME | -$88.5K |
| Interest Income | $2M |
| Interest Expense | $774.4K |
| Other Income/Expenses | $319.2K |
| INCOME BEFORE TAX | $230.7K |
| Income Tax Expense | $113.2K |
| Net Income from Continuing Ops | $117.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $117.5K |
| D&A | $452.4K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $117.5K |
| Depreciation & Amortization | $254.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$983.2K |
| Change in Working Capital | $594.7K |
| OPERATING CASH FLOW | -$16.3K |
| Capital Expenditure | $30.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $30.1K |
| Net Debt Issuance | -$431.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$300.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$731.5K |
| FREE CASH FLOW | $13.8K |
| Net Change in Cash | -$717.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $5M |
| Goodwill | $40M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $51M |
| TOTAL ASSETS | $70M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $400.0K |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $63M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $7M |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $70M |
| Total Debt | $43M |
| Net Debt | $35M |
