| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | $143M | $131M | 1.7% | 10.6% |
| Op. Income | $22M | $20M | $22M | 8.3% | 2.3% |
| Gross Margin | -15.9% | -15.9% | -15.0% | -0.1pp | -0.9pp |
| Net Margin | 4.2% | 29.6% | 17.6% | -25.3pp | -13.4pp |
| EPS (Diluted) | $0.04 | $0.28 | $0.16 | -86.8% | -76.9% |
| Free Cash Flow | $48M | $20M | $41M | 135.0% | 16.5% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $168M |
| GROSS PROFIT | -$23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$45M |
| Operating Expenses | -$45M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $22M |
| Interest Income | $2M |
| Interest Expense | $15M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $601.0K |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $56M |
| EBIT | $21M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$1.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$146M |
| NET CASH FROM INVESTING | -$168M |
| Net Debt Issuance | $156M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$47M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $109M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $126M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $211M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.2B |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $0 |
| Short-Term Debt | $491M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $575M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | -$3.1B |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $2.2B |
| Net Debt | $2.2B |
