| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $22M | — | 303.5% | — |
| Op. Income | $53M | -$10M | — | 615.6% | — |
| Gross Margin | 83.4% | 41.4% | — | 42.0pp | — |
| Net Margin | 60.9% | -47.6% | — | 108.5pp | — |
| EPS (Diluted) | $0.41 | $-0.09 | — | 555.6% | — |
| Free Cash Flow | -$53M | -$118M | — | 55.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $15M |
| Operating Expenses | $20M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $53M |
| Interest Income | $81M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $50.0K |
| EBIT | $53M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $15M |
| Operating Expenses | $20M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $53M |
| Interest Income | $81M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $50.0K |
| EBIT | $53M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$103M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$12.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12.0K |
| Net Debt Issuance | $21M |
| Common Stock Repurchased | -$572.0K |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $42M |
| NET CASH FROM FINANCING | -$83.0K |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $91M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1 |
| TOTAL CURRENT LIABILITIES | $35M |
| 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 | $1.6B |
| Common Stock | $131.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $1.5B |
| Net Debt | $1.5B |
