| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | — | $55M | — | 87.7% |
| Op. Income | $80M | — | $43M | — | 87.1% |
| Gross Margin | 86.1% | — | 86.1% | — | -0.0pp |
| Net Margin | -44.2% | — | 33.3% | — | -77.5pp |
| EPS (Diluted) | $-0.70 | — | $0.28 | — | -350.0% |
| Free Cash Flow | -$14M | — | $25M | — | -155.3% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $80M |
| Interest Income | $1M |
| Interest Expense | $90M |
| Other Income/Expenses | -$164M |
| INCOME BEFORE TAX | -$84M |
| Income Tax Expense | $28.0K |
| Net Income from Continuing Ops | -$84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $48M |
| EBIT | $23M |
| EBITDA | $71M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$589M |
| NET CASH FROM INVESTING | -$628M |
| Net Debt Issuance | $932M |
| Common Stock Repurchased | -$232.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.2B |
| NET CASH FROM FINANCING | -$272M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$310M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $100M |
| Inventory | $0 |
| Other Current Assets | $100M |
| TOTAL CURRENT ASSETS | $227M |
| PP&E (Net) | $313M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $146M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.0B |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $87M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $4.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $656.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $148M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12M |
| Other Equity | -$363M |
| TOTAL STOCKHOLDERS' EQUITY | $812M |
| Minority Interest | $549M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $4.3B |
| Net Debt | $4.2B |
