| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $166M | $217M | — | -23.3% | — |
| Op. Income | $12M | $40M | — | -71.4% | — |
| Gross Margin | 15.5% | 25.4% | — | -10.0pp | — |
| Net Margin | 12.8% | 19.3% | — | -6.5pp | — |
| EPS (Diluted) | $0.58 | $1.14 | — | -48.9% | — |
| Free Cash Flow | $41M | $31M | — | 32.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $26M |
| R&D Expenses | $9M |
| Selling & Marketing | $31.6K |
| General & Administrative | $131.7K |
| SG&A Expenses | $5M |
| Other Expenses | $294.7K |
| Operating Expenses | $13M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $12M |
| Interest Income | $336.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $668.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $21M |
| NET INCOME | $21M |
| Net Income Deductions | $21M |
| BOTTOM LINE NET INCOME | $668.2K |
| D&A | $38M |
| EBIT | $12M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $26M |
| R&D Expenses | $9M |
| Selling & Marketing | $31.6K |
| General & Administrative | $131.7K |
| SG&A Expenses | $5M |
| Other Expenses | $294.7K |
| Operating Expenses | $13M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $12M |
| Interest Income | $336.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $668.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $21M |
| NET INCOME | $21M |
| Net Income Deductions | $21M |
| BOTTOM LINE NET INCOME | $668.2K |
| D&A | $38M |
| EBIT | $12M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$99M |
| Other Financing Activities | $76M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $123.2K |
| Net Receivables | $5M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $178.0K |
| Other Non-Current Assets | $461.8K |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $42M |
| Account Payables | $886.7K |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $120.8K |
| Deferred Tax Liabilities | $225.9K |
| Other Non-Current Liabilities | $508.9K |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $7M |
| Additional Paid-In Capital | $6M |
| Retained Earnings | $8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $42M |
| Total Debt | $13M |
| Net Debt | $5M |
