| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $333M | $315M | $250M | 5.7% | 33.2% |
| Op. Income | $14M | -$40M | -$6M | 133.9% | 331.6% |
| Gross Margin | 20.2% | 17.6% | 11.1% | 2.7pp | 9.1pp |
| Net Margin | 3.0% | -10.4% | -2.0% | 13.4pp | 5.0pp |
| EPS (Diluted) | $0.10 | $-0.32 | $-0.05 | 129.8% | 294.5% |
| Free Cash Flow | -$31M | -$3M | $12M | -975.7% | -352.7% |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $266M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $25M |
| Operating Expenses | $54M |
| Cost & Expenses | $319M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $237.0K |
| Other Income/Expenses | -$853.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $42M |
| EBIT | $13M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $266M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $25M |
| Operating Expenses | $54M |
| Cost & Expenses | $319M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $237.0K |
| Other Income/Expenses | -$853.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $42M |
| EBIT | $13M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $41M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$103M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$98M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$57.0K |
| NET CASH FROM FINANCING | $165.0K |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $9M |
| Net Receivables | $211M |
| Inventory | $4M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $300M |
| PP&E (Net) | $842M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $843M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $187M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $254M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $313M |
| Common Stock | $104.0K |
| Additional Paid-In Capital | $860M |
| Retained Earnings | -$30M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $831M |
| Minority Interest | $0 |
| TOTAL EQUITY | $831M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $614.0K |
| Net Debt | -$43M |
