| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | $84M | $82M | 8.4% | 11.6% |
| Op. Income | $53M | $48M | $46M | 9.0% | 13.8% |
| Gross Margin | 60.4% | 59.7% | 58.8% | 0.7pp | 1.7pp |
| Net Margin | 51.0% | 52.6% | 40.1% | -1.5pp | 10.9pp |
| EPS (Diluted) | $0.87 | $0.83 | $0.62 | 4.8% | 40.3% |
| Free Cash Flow | $72M | $52M | $44M | 38.0% | 62.4% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $53M |
| Interest Income | $649.0K |
| Interest Expense | $22M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $27.0K |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $18M |
| EBIT | $68M |
| EBITDA | $86M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $53M |
| Interest Income | $649.0K |
| Interest Expense | $22M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $27.0K |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $18M |
| EBIT | $68M |
| EBITDA | $86M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $89.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$1.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.0K |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$66M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$83M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $271M |
| Short-Term Investments | $0 |
| Net Receivables | $176.0K |
| Inventory | $5M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $288M |
| PP&E (Net) | $2.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $68M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $5M |
| Short-Term Debt | $60M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $152M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $5M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$295M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $891M |
| Minority Interest | $0 |
| TOTAL EQUITY | $891M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.7B |
| Net Debt | $1.4B |
