| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $258M | $205M | $112M | 25.6% | 129.8% |
| Op. Income | $71M | -$33M | -$685.0K | 316.4% | 10423.5% |
| Gross Margin | 39.3% | 31.1% | 16.1% | 8.2pp | 23.2pp |
| Net Margin | -7.0% | -16.8% | -20.6% | 9.8pp | 13.6pp |
| EPS (Diluted) | $-0.13 | $-0.25 | $-0.15 | 48.0% | 13.3% |
| Free Cash Flow | $60M | -$25M | $21M | 338.1% | 184.4% |
| Item | Amount |
|---|---|
| REVENUE | $258M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $298.0K |
| Operating Expenses | $31M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $71M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$89M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$207.0K |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $30M |
| EBIT | $4M |
| EBITDA | $34M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $66M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $10M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $214M |
| PP&E (Net) | $773M |
| Goodwill | $739M |
| Intangible Assets | $103M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $29M |
| Short-Term Debt | $5M |
| Deferred Revenue | $29M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $868M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $299M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $297M |
| Retained Earnings | -$320M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $174M |
| Minority Interest | $0 |
| TOTAL EQUITY | $174M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1.3B |
| Net Debt | $1.1B |
