| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $47M | $49M | 1.4% | -2.9% |
| Op. Income | $29M | $25M | $23M | 16.6% | 26.1% |
| Gross Margin | 96.5% | 90.4% | 97.7% | 6.1pp | -1.2pp |
| Net Margin | 30.2% | 1.5% | 37.2% | 28.7pp | -7.0pp |
| EPS (Diluted) | $0.05 | $-0.08 | $0.19 | 162.1% | -74.2% |
| Free Cash Flow | $32M | $41M | $37M | -21.2% | -14.5% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $12M |
| Operating Expenses | $17M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $29M |
| Interest Income | $4M |
| Interest Expense | $10M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $12M |
| EBIT | $24M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $12M |
| Operating Expenses | $17M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $29M |
| Interest Income | $4M |
| Interest Expense | $10M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $12M |
| EBIT | $24M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $42M |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $416.0K |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $24M |
| Short-Term Debt | $125M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $177M |
| Long-Term Debt | $594M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $594M |
| TOTAL LIABILITIES | $771M |
| Common Stock | $990.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$397M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $849M |
| Minority Interest | $0 |
| TOTAL EQUITY | $849M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $719M |
| Net Debt | $706M |
