| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $20M | — | 19.3% | — |
| Op. Income | $10M | $8M | — | 29.0% | — |
| Gross Margin | 97.1% | 96.6% | — | 0.5pp | — |
| Net Margin | 7.5% | 3.0% | — | 4.4pp | — |
| EPS (Diluted) | $-0.13 | $-0.17 | — | 23.5% | — |
| Free Cash Flow | -$2M | $5M | — | -143.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $706.0K |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $10M |
| Operating Expenses | $13M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $9M |
| EBIT | $8M |
| EBITDA | $17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $706.0K |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $10M |
| Operating Expenses | $13M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $9M |
| EBIT | $8M |
| EBITDA | $17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | -$419.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $12M |
| Short-Term Debt | $100.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $640M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $76M |
| TOTAL NON-CURRENT LIABILITIES | $716M |
| TOTAL LIABILITIES | $731M |
| Common Stock | $35.0K |
| Additional Paid-In Capital | $802M |
| Retained Earnings | -$105M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $707M |
| Minority Interest | $0 |
| TOTAL EQUITY | $707M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $640M |
| Net Debt | $603M |
