| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | -$112M | $192M | 174.9% | -56.2% |
| Op. Income | $28M | -$169M | $107M | 116.5% | -74.1% |
| Gross Margin | 46.8% | 141.0% | 60.6% | -94.2pp | -13.8pp |
| Net Margin | 14.2% | 63.0% | -18.7% | -48.8pp | 32.9pp |
| EPS (Diluted) | $0.01 | $-0.88 | $-0.45 | 101.7% | 103.3% |
| Free Cash Flow | -$402M | -$69M | $154M | -478.7% | -361.8% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $10M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $28M |
| Interest Income | $89M |
| Interest Expense | $114M |
| Other Income/Expenses | $63M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $78M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $0 |
| EBIT | $137M |
| EBITDA | $137M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $10M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $28M |
| Interest Income | $89M |
| Interest Expense | $114M |
| Other Income/Expenses | $63M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $78M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $0 |
| EBIT | $137M |
| EBITDA | $137M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $500.0K |
| Stock-Based Compensation | $959.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$504M |
| Change in Working Capital | $88M |
| OPERATING CASH FLOW | -$402M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$538M |
| Sales/Maturities of Investments | -$4M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$558M |
| Net Debt Issuance | $57M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$43M |
| Other Financing Activities | $697M |
| NET CASH FROM FINANCING | $687M |
| FREE CASH FLOW | -$402M |
| Net Change in Cash | -$273M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $352M |
| Net Receivables | $242M |
| Inventory | $0 |
| Other Current Assets | -$653M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $3.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $13.9B |
| Account Payables | $94M |
| Short-Term Debt | $9.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.5B |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $11.9B |
| Common Stock | $901.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$485M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $11.2B |
| Net Debt | $11.2B |
