| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | — | $80M | — | 6.7% |
| Op. Income | $17M | — | $57M | — | -71.0% |
| Gross Margin | 29.5% | — | 82.6% | — | -53.1pp |
| Net Margin | 14.8% | — | 29.2% | — | -14.4pp |
| EPS (Diluted) | $0.19 | — | $0.42 | — | -54.8% |
| Free Cash Flow | $57M | — | $53M | — | 7.8% |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $2.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $220.0K |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$15.0K |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $46M |
| EBIT | $17M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $2.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $220.0K |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$15.0K |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $46M |
| EBIT | $17M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $211.0K |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$30.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$172.0K |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $85M |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $319M |
| Long-Term Investments | $115M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.3B |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $57M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $133M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $128M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $29.0K |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $38M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
