| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $116M | $151M | $90M | -22.9% | 29.2% |
| Op. Income | $36M | $21M | $34M | 73.0% | 4.9% |
| Gross Margin | 65.6% | 21.6% | 50.9% | 44.0pp | 14.7pp |
| Net Margin | 5.3% | 4.5% | 7.6% | 0.8pp | -2.3pp |
| EPS (Diluted) | $0.06 | $0.06 | $0.11 | -5.0% | -48.2% |
| Free Cash Flow | $72M | $8M | $17M | 750.5% | 318.9% |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $6M |
| SG&A Expenses | $8M |
| Other Expenses | $33M |
| Operating Expenses | $41M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $33M |
| EBIT | $33M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $6M |
| SG&A Expenses | $8M |
| Other Expenses | $33M |
| Operating Expenses | $41M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $33M |
| EBIT | $33M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $54M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$53.0K |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $0 |
| Net Receivables | $89M |
| Inventory | $9M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $218M |
| PP&E (Net) | $559M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $31M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $610M |
| TOTAL ASSETS | $828M |
| Account Payables | $45M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $74M |
| TOTAL CURRENT LIABILITIES | $167M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $76M |
| Other Non-Current Liabilities | $63M |
| TOTAL NON-CURRENT LIABILITIES | $217M |
| TOTAL LIABILITIES | $383M |
| Common Stock | $12M |
| Additional Paid-In Capital | $356M |
| Retained Earnings | $140M |
| Treasury Stock | -$65M |
| Accum. Other Comp. Income | $844.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $444M |
| Minority Interest | $0 |
| TOTAL EQUITY | $444M |
| TOTAL LIABILITIES & EQUITY | $828M |
| Total Debt | $89M |
| Net Debt | -$14M |
