| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $203M | $294M | $298M | -30.8% | -31.8% |
| Op. Income | $164M | $254M | $246M | -35.2% | -33.3% |
| Gross Margin | 87.3% | 91.1% | 90.2% | -3.9pp | -2.9pp |
| Net Margin | 80.8% | 86.3% | 82.7% | -5.5pp | -1.9pp |
| EPS (Diluted) | $0.85 | $0.61 | $0.63 | 39.3% | 34.9% |
| Free Cash Flow | -$288M | -$291M | $38M | 1.1% | -851.3% |
| Item | Amount |
|---|---|
| REVENUE | $203M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $177M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $4M |
| Operating Expenses | $13M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $164M |
| Interest Income | $142M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $164M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $0 |
| EBIT | $164M |
| EBITDA | $164M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $203M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $177M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $4M |
| Operating Expenses | $13M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $164M |
| Interest Income | $142M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $164M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $0 |
| EBIT | $164M |
| EBITDA | $164M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $164M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$423M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | -$288M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $227M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$68M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $280M |
| FREE CASH FLOW | -$288M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $54M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.4B |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $7.5B |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $628M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $392.0K |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | $196M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $7.5B |
| Total Debt | $2.6B |
| Net Debt | $2.6B |
