| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | $151M | $221M | -3.9% | -34.5% |
| Op. Income | $204M | -$103M | $83M | 298.5% | 146.7% |
| Gross Margin | 91.6% | 92.8% | 94.1% | -1.2pp | -2.4pp |
| Net Margin | 67.1% | -123.4% | 8.0% | 190.5pp | 59.1pp |
| EPS (Diluted) | $1.02 | $-2.70 | $-0.01 | 137.8% | 11308.8% |
| Free Cash Flow | $26M | $41M | $109M | -34.9% | -75.8% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$61M |
| OPERATING INCOME | $204M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | -$281.0K |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $0 |
| EBIT | $206M |
| EBITDA | $206M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$61M |
| OPERATING INCOME | $204M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | -$281.0K |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $0 |
| EBIT | $206M |
| EBITDA | $206M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $97M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$95M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$458.0K |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | -$226M |
| NET CASH FROM INVESTING | -$146M |
| Net Debt Issuance | $370M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $298M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $178M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $265M |
| Short-Term Investments | $0 |
| Net Receivables | $62M |
| Inventory | $0 |
| Other Current Assets | -$326M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $13.4B |
| Account Payables | $0 |
| Short-Term Debt | $4.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $121M |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $6.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6.6B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $10.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $229M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $13.4B |
| Total Debt | $10.6B |
| Net Debt | $10.3B |
