| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $51M | -$24M | 33.6% | 387.1% |
| Op. Income | $37M | $22M | -$37M | 70.3% | 198.9% |
| Gross Margin | 55.2% | 45.9% | 149.6% | 9.2pp | -94.4pp |
| Net Margin | 53.4% | 41.9% | 158.1% | 11.6pp | -104.7pp |
| EPS (Diluted) | $0.48 | $0.29 | $-0.62 | 65.5% | 177.4% |
| Free Cash Flow | $49M | $46M | $24M | 5.5% | 105.5% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$2M |
| Operating Expenses | $1M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $37M |
| Interest Income | $99M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $86.0K |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $0 |
| EBIT | $37M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$2M |
| Operating Expenses | $1M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $37M |
| Interest Income | $99M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $86.0K |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $0 |
| EBIT | $37M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$236M |
| Sales/Maturities of Investments | $258M |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$41M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $111M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $170M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $49.0K |
| Tax Assets | $3M |
| Other Non-Current Assets | $3.2B |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $771.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$655M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $1.7B |
| Net Debt | $1.7B |
