| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $230M | $233M | — | -1.2% | — |
| Op. Income | $50M | $48M | — | 5.9% | — |
| Gross Margin | 72.2% | 72.1% | — | 0.1pp | — |
| Net Margin | -51.2% | 16.5% | — | -67.7pp | — |
| EPS (Diluted) | $-0.51 | $0.06 | — | -964.4% | — |
| Free Cash Flow | $33M | $17M | — | 97.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $92M |
| Other Expenses | $25M |
| Operating Expenses | $116M |
| Cost & Expenses | $180M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$158M |
| INCOME BEFORE TAX | -$107M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | -$118M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$118M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$149M |
| D&A | $24M |
| EBIT | -$78M |
| EBITDA | -$54M |
| EPS | -$0 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$118M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $136M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$303M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $134M |
| NET CASH FROM FINANCING | -$169M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $0 |
| Net Receivables | $127M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $224M |
| PP&E (Net) | $212M |
| Goodwill | $1.5B |
| Intangible Assets | $409M |
| Long-Term Investments | $44M |
| Tax Assets | $8M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $89M |
| Short-Term Debt | $10M |
| Deferred Revenue | $163M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $302M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $44M |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$145M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $522M |
| Minority Interest | $48M |
| TOTAL EQUITY | $570M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.4B |
| Net Debt | $1.4B |
