| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $66M | $33M | 24.2% | 146.6% |
| Op. Income | $46M | $30M | $11M | 55.9% | 313.8% |
| Gross Margin | 58.8% | 49.0% | 38.5% | 9.7pp | 20.2pp |
| Net Margin | 40.1% | 19.4% | 11.5% | 20.8pp | 28.6pp |
| EPS (Diluted) | $0.62 | $0.24 | $0.07 | 158.3% | 785.7% |
| Free Cash Flow | $44M | -$82M | -$413M | 154.0% | 110.7% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $46M |
| Interest Income | $8.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | -$8.0K |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $18M |
| EBIT | $47M |
| EBITDA | $65M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $46M |
| Interest Income | $8.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | -$8.0K |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $18M |
| EBIT | $47M |
| EBITDA | $65M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $62.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$2.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $260.0K |
| NET CASH FROM INVESTING | $258.0K |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $138M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $6M |
| Other Current Assets | $47.0K |
| TOTAL CURRENT ASSETS | $157M |
| PP&E (Net) | $2.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $3M |
| Short-Term Debt | $81M |
| Deferred Revenue | $24M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $133M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$325M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $861M |
| Minority Interest | $0 |
| TOTAL EQUITY | $861M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
