| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $189M | $218M | $286M | -13.1% | -33.9% |
| Op. Income | $164M | $190M | $263M | -13.9% | -37.7% |
| Gross Margin | 40.7% | 38.1% | 100.0% | 2.6pp | -59.3pp |
| Net Margin | 86.1% | 87.2% | 91.2% | -1.1pp | -5.1pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $116M | $25M | $128M | 360.0% | -9.6% |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $112M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $11M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $164M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$298.0K |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $303.0K |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $163M |
| D&A | -$164M |
| EBIT | $328M |
| EBITDA | -$619.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $112M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $11M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $164M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$298.0K |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $303.0K |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $163M |
| D&A | -$164M |
| EBIT | $328M |
| EBITDA | -$619.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $163M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$29M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $120M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$793M |
| NET CASH FROM INVESTING | -$797M |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$695M |
| NET CASH FROM FINANCING | $576M |
| FREE CASH FLOW | $116M |
| Net Change in Cash | -$101M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $173M |
| PP&E (Net) | $113M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $33.7B |
| TOTAL NON-CURRENT ASSETS | $33.8B |
| TOTAL ASSETS | $34.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $23.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.6B |
| TOTAL NON-CURRENT LIABILITIES | $31.4B |
| TOTAL LIABILITIES | $31.4B |
| Common Stock | $969.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $28M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $34.0B |
| Total Debt | $23.8B |
| Net Debt | $23.6B |
