| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $136M | -$31M | -38.3% | 372.0% |
| Op. Income | $29M | $85M | -$75M | -65.5% | 139.1% |
| Gross Margin | 47.8% | 69.5% | 216.1% | -21.7pp | -168.4pp |
| Net Margin | -101.0% | -36.7% | 78.7% | -64.2pp | -179.7pp |
| EPS (Diluted) | $-0.37 | $-0.22 | $-0.11 | -68.2% | -236.4% |
| Free Cash Flow | $68M | $108M | $98M | -37.7% | -31.0% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$114M |
| INCOME BEFORE TAX | -$85M |
| Income Tax Expense | $124.0K |
| Net Income from Continuing Ops | -$85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$85M |
| D&A | $43M |
| EBIT | -$21M |
| EBITDA | $23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$85M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $117M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $56M |
| Common Stock Repurchased | -$416.0K |
| Common Dividends Paid | -$69M |
| Other Financing Activities | -$14.0K |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $0 |
| Net Receivables | $148M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $202M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $40M |
| Long-Term Investments | $186M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.3B |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $197M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $142M |
| TOTAL CURRENT LIABILITIES | $339M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $2.5B |
| Net Debt | $2.5B |
