| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$24M | $26M | $59M | -193.4% | -140.4% |
| Op. Income | -$37M | $14M | $49M | -357.0% | -176.1% |
| Gross Margin | 149.6% | 61.3% | 85.1% | 88.3pp | 64.5pp |
| Net Margin | 158.1% | 56.4% | 79.4% | 101.8pp | 78.7pp |
| EPS (Diluted) | $-0.62 | $0.24 | $0.78 | -358.3% | -179.5% |
| Free Cash Flow | $24M | -$91M | $77M | 126.1% | -69.3% |
| Item | Amount |
|---|---|
| REVENUE | -$24M |
| Cost of Revenue | $12M |
| GROSS PROFIT | -$36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$750.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$37M |
| Interest Income | $60M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | $661.0K |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $0 |
| EBIT | -$37M |
| EBITDA | -$37M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $83M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$123M |
| Sales/Maturities of Investments | $139M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$334.0K |
| Common Stock Repurchased | -$874.0K |
| Common Dividends Paid | -$29M |
| Other Financing Activities | $277.0K |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $76M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $110M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $2M |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$565M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
