| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $240M | $235M | $217M | 2.0% | 10.5% |
| Op. Income | $76M | $77M | $61M | -2.2% | 24.2% |
| Gross Margin | 65.9% | 66.8% | 65.5% | -0.9pp | 0.4pp |
| Net Margin | 8.1% | 13.3% | 9.6% | -5.2pp | -1.6pp |
| EPS (Diluted) | $0.13 | $0.23 | $0.21 | -43.5% | -38.1% |
| Free Cash Flow | $20M | $48M | -$3M | -58.9% | 869.0% |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $158M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $82M |
| Operating Expenses | $82M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $793.0K |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $67M |
| EBIT | $76M |
| EBITDA | $143M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $158M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $82M |
| Operating Expenses | $82M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $793.0K |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $67M |
| EBIT | $76M |
| EBITDA | $143M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $330.0K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$51M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $307.0K |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $47M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$62M |
| Other Financing Activities | -$525.0K |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $70.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79.0K |
| Short-Term Investments | $0 |
| Net Receivables | $99M |
| Inventory | $147M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $262M |
| PP&E (Net) | $2.3B |
| Goodwill | $0 |
| Intangible Assets | $224M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $68M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $183M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$107M |
| TOTAL STOCKHOLDERS' EQUITY | $62M |
| Minority Interest | $0 |
| TOTAL EQUITY | $62M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $2.5B |
| Net Debt | $2.5B |
