| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | — | $65M | — | 124.4% |
| Op. Income | $6M | — | -$18M | — | 132.9% |
| Gross Margin | 39.5% | — | 29.3% | — | 10.2pp |
| Net Margin | -6.0% | — | -37.7% | — | 31.7pp |
| EPS (Diluted) | $-0.18 | — | $-0.50 | — | 64.0% |
| Free Cash Flow | -$24M | — | -$64M | — | 62.8% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $25M |
| SG&A Expenses | $41M |
| Other Expenses | $11M |
| Operating Expenses | $51M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $11M |
| EBIT | $5M |
| EBITDA | $16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | -$554.0K |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$13.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$55.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $12M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $203M |
| PP&E (Net) | $544M |
| Goodwill | $42M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $609M |
| TOTAL ASSETS | $812M |
| Account Payables | $0 |
| Short-Term Debt | $24M |
| Deferred Revenue | $247M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $329M |
| Long-Term Debt | $535M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $359.0K |
| TOTAL NON-CURRENT LIABILITIES | $537M |
| TOTAL LIABILITIES | $867M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $82M |
| Retained Earnings | -$237M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$87M |
| Minority Interest | $32M |
| TOTAL EQUITY | -$55M |
| TOTAL LIABILITIES & EQUITY | $812M |
| Total Debt | $562M |
| Net Debt | $446M |
