| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $24M | $20M | 26.2% | 49.0% |
| Op. Income | $21M | $13M | $11M | 57.0% | 83.7% |
| Gross Margin | 83.6% | 80.4% | 76.7% | 3.2pp | 6.9pp |
| Net Margin | 65.7% | 52.9% | 50.8% | 12.8pp | 14.8pp |
| EPS (Diluted) | $0.79 | $0.54 | $0.55 | 46.3% | 43.6% |
| Free Cash Flow | $6M | $24M | $11M | -75.6% | -47.0% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $3M |
| Operating Expenses | $4M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $21M |
| Interest Income | $18M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $602.0K |
| EBIT | $21M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $3M |
| Operating Expenses | $4M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $21M |
| Interest Income | $18M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $602.0K |
| EBIT | $21M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $602.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$89M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | $166M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$140M |
| NET CASH FROM FINANCING | $38M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $948M |
| TOTAL NON-CURRENT ASSETS | $948M |
| TOTAL ASSETS | $974M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $529M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $553M |
| TOTAL LIABILITIES | $553M |
| Common Stock | $7M |
| Additional Paid-In Capital | $448M |
| Retained Earnings | -$10M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $421M |
| Minority Interest | $0 |
| TOTAL EQUITY | $421M |
| TOTAL LIABILITIES & EQUITY | $974M |
| Total Debt | $529M |
| Net Debt | $517M |
