| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $136M | $153M | $289M | -11.1% | -52.8% |
| Op. Income | $85M | $106M | $244M | -19.9% | -65.2% |
| Gross Margin | 69.5% | 74.8% | 87.6% | -5.3pp | -18.1pp |
| Net Margin | -36.7% | 11.0% | 3.5% | -47.7pp | -40.3pp |
| EPS (Diluted) | $-0.22 | $0.07 | $0.05 | -403.4% | -540.0% |
| Free Cash Flow | $108M | $77M | $106M | 41.7% | 2.1% |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $85M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$135M |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | $579.0K |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$50M |
| D&A | $47M |
| EBIT | $38M |
| EBITDA | $85M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$50M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $80M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$823.0K |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$63M |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | -$591.0K |
| Common Dividends Paid | -$69M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$92M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | -$31M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$48M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $5.8B |
| Account Payables | $0 |
| Short-Term Debt | $486.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $145M |
| TOTAL CURRENT LIABILITIES | $146M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$2.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $17M |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $2.5B |
| Net Debt | $2.5B |
