| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $175M | $167M | $296M | 5.1% | -40.7% |
| Op. Income | $84M | $80M | $175M | 4.5% | -52.1% |
| Gross Margin | 50.8% | 51.2% | 61.1% | -0.4pp | -10.3pp |
| Net Margin | 47.6% | 46.6% | 58.2% | 1.0pp | -10.6pp |
| EPS (Diluted) | $0.88 | $0.82 | $1.81 | 7.3% | -51.4% |
| Free Cash Flow | $34M | $23M | $90M | 45.3% | -62.6% |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $84M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$259.0K |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $33M |
| EBIT | $86M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $84M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$259.0K |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $33M |
| EBIT | $86M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $83M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $647.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$90M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $27M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $18M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $170M |
| PP&E (Net) | $882M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $885M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $152M |
| TOTAL LIABILITIES | $288M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $767M |
| TOTAL STOCKHOLDERS' EQUITY | $767M |
| Minority Interest | $0 |
| TOTAL EQUITY | $767M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $104M |
| Net Debt | $45M |
