| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $118M | $142M | -2.6% | -19.0% |
| Op. Income | $0 | -$19M | $24M | 100.0% | -100.0% |
| Gross Margin | 100.0% | -11.1% | 16.4% | 111.1pp | 83.6pp |
| Net Margin | 30.2% | -15.6% | 17.1% | 45.8pp | 13.1pp |
| EPS (Diluted) | $0.91 | $-0.56 | $0.71 | 262.5% | 28.2% |
| Free Cash Flow | -$4M | -$13M | -$38M | 67.4% | 88.3% |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $110M |
| Operating Expenses | $115M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $0 |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $35M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $7.0K |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $691.0K |
| EBIT | $36M |
| EBITDA | $37M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $691.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$35M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $43M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $519M |
| Inventory | $0 |
| Other Current Assets | -$575M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $178M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$178M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $1.6B |
| Account Payables | $105M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$105M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $81M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$81M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $478M |
| Retained Earnings | $21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $503M |
| Minority Interest | $0 |
| TOTAL EQUITY | $503M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $81M |
| Net Debt | $42M |
