| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $236M | $220M | $249M | 7.3% | -5.2% |
| Op. Income | -$31M | -$14M | -$14M | -122.1% | -116.5% |
| Gross Margin | 0.0% | 7.1% | 8.8% | -7.0pp | -8.8pp |
| Net Margin | -9.8% | -4.8% | -3.9% | -5.0pp | -5.9pp |
| EPS (Diluted) | $-0.91 | $-0.42 | $-0.38 | -116.7% | -139.5% |
| Free Cash Flow | -$17M | -$15M | -$20M | -10.9% | 16.9% |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $236M |
| GROSS PROFIT | $55.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $31M |
| Operating Expenses | $31M |
| Cost & Expenses | $267M |
| OPERATING INCOME | -$31M |
| Interest Income | $14M |
| Interest Expense | $797.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $5M |
| EBIT | -$30M |
| EBITDA | -$26M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $828.0K |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$78M |
| Sales/Maturities of Investments | $61M |
| Other Investing Activities | -$697.0K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $275.0K |
| Net Receivables | $374M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $428M |
| PP&E (Net) | $133M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $165M |
| TOTAL ASSETS | $2.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $207M |
| Retained Earnings | $604M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$111M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $701M |
| Minority Interest | $0 |
| TOTAL EQUITY | $701M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $50M |
| Net Debt | -$3M |
