| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $59.55M | $-2.20M | $131.98M | $61.14M | $251.01M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $49.42M | - |
| Gross Profit | $0.00 | $0.00 | $0.00 | $11.72M | $251.01M |
| Gross Margin % | 0.00% | 0.00% | 0.00% | 19.17% | 100.00% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $6.42M | $7.63M | $11.58M | $10.63M | $60.49M |
| Other Operating Expenses | $1.29M | $1.19M | $1.29M | $99.04M | - |
| Total Operating Expenses | $7.71M | $8.82M | $12.87M | $10.63M | $60.49M |
| Operating Performance | |||||
| Operating Income | $0.00 | $0.00 | $0.00 | $100.14M | $180.82M |
| Operating Margin % | 0.00% | 0.00% | 0.00% | 163.79% | 72.04% |
| EBITDA | $101.38M | $25.82M | $150.91M | $100.14M | - |
| EBITDA Margin % | 170.23% | 1,171.28% | 114.35% | 163.79% | - |
| Other Income/Expenses | |||||
| Interest Expense | $49.53M | $36.84M | $31.81M | $49.62M | $85.56M |
| Other Income/Expenses Net | $0.00 | $0.00 | $0.00 | $-49.62M | $-85.56M |
| Income Before Tax | $51.84M | $-11.02M | $119.11M | $50.51M | $95.26M |
| Income Tax Expense | $0.00 | $0.00 | $342.00K | $372.00K | $-54.00K |
| Net Performance | |||||
| Net Income | $51.84M | $-11.02M | $118.76M | $50.14M | $95.31M |
| Net Margin % | 87.06% | -500.09% | 89.99% | 82.01% | 37.97% |
| EPS | $0.91 | $-0.19 | $2.09 | $0.89 | $1.74 |
| Diluted EPS | $0.91 | $-0.19 | $2.09 | $0.89 | $1.74 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $6.14M | $19.91M | $3.77M | $82.74M | $8.42M |
| Short Term Investments | - | - | - | $10.87M | $113.45M |
| Net Receivables | $38.20M | $23.72M | $24.40M | $28.82M | $37.69M |
| Inventory | - | - | - | $1.00 | $1.00 |
| Other Current Assets | - | - | - | $-122.43M | $-159.55M |
| Total Current Assets | - | - | - | $111.56M | $301.00K |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | - | - | - | - | - |
| Long Term Investments | $1.77B | $1.57B | $1.75B | $1.76B | $1.84B |
| Tax Assets | - | - | - | - | $2.00B |
| Other Non-Current Assets | - | - | - | $-1.76B | $-2.00B |
| Total Non-Current Assets | - | - | - | $1.76B | $1.84B |
| Total Assets | |||||
| Total Assets | $1.81B | $1.61B | $1.78B | $1.87B | $2.00B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $5.55M | $3.33M | $17.59M | $23.76M | $26.80M |
| Short Term Debt | - | - | - | - | $1.08B |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | - | - | - | - | $-1.05B |
| Other Current Liabilities | - | - | - | $-23.76M | $-53.59M |
| Total Current Liabilities | - | - | - | $23.76M | $26.80M |
| Non-Current Liabilities | |||||
| Long Term Debt | $836.59M | $719.96M | $822.37M | $951.32M | $1.08B |
| Other Non-Current Liabilities | - | - | - | $-927.56M | $-1.08B |
| Total Non-Current Liabilities | - | - | - | $23.76M | $1.12B |
| Total Liabilities | |||||
| Total Liabilities | $857.83M | $736.54M | $852.17M | $988.78M | $1.12B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $113.00K | $113.00K | $57.00K | $55.00K | $54.00K |
| Retained Earnings | $-102.46M | $-176.77M | $-129.53M | $-160.97M | $-153.52M |
| Accumulated Other Comprehensive Income/Loss | - | - | - | - | $0.00 |
| Total Shareholders Equity | $952.56M | $878.26M | $930.51M | $883.63M | $879.56M |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $1.81B | $1.61B | $1.78B | $1.87B | $2.00B |
| Total Debt | $836.59M | $719.96M | $822.37M | $951.32M | $1.08B |
| Net Debt | $830.45M | $700.04M | $818.60M | $868.58M | $1.07B |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $51.84M | $-11.02M | $118.76M | $50.14M | $95.31M |
| Depreciation & Amortization | - | - | - | $5.31M | $-22.22M |
| Stock Based Compensation | - | - | - | - | - |
| Working Capital Changes | |||||
| Change in Accounts Receivable | - | - | - | $-2.26M | $-15.05M |
| Change in Inventory | - | - | - | $2.26M | - |
| Change in Accounts Payable | - | - | - | $-910.00K | $4.72M |
| Other Working Capital Changes | - | - | - | $-8.98M | $1.86M |
| Total Working Capital Change | $-28.80M | $10.10M | $13.52M | $-9.89M | $-8.47M |
| Other Operating | |||||
| Other Non-Cash Items | $102.99M | $199.65M | $-181.53M | $-10.29M | $-9.25M |
| Net Cash from Operations | $126.04M | $198.73M | $-49.25M | $35.28M | $55.38M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | - | - |
| Purchase of Investments | - | - | - | $-550.54M | $-350.20M |
| Sale of Investments | - | - | - | $62.59M | $300.25M |
| Other Investing Activities | - | - | - | - | - |
| Net Cash from Investing | - | - | - | $-487.95M | $-49.95M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-370.50M | $-602.19M | $-171.00M | $-125.78M | $-134.84M |
| Stock Repurchases | $-35.80M | $-23.30M | $-10.47M | $-15.44M | $-11.52M |
| Dividends Paid | $-48.97M | $-39.99M | $-56.04M | $-66.64M | $-91.96M |
| Other Financing Activities | $311.28M | $480.53M | $270.62M | $377.33M | $-8.54M |
| Net Cash from Financing | $-137.48M | $-184.95M | $33.11M | $43.69M | $22.83M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $-11.44M | $13.78M | $-16.14M | $78.97M | $-74.32M |
| Cash at Beginning of Period | $17.58M | $6.14M | $19.91M | $3.77M | $82.74M |
| Cash at End of Period | $6.14M | $19.91M | $3.77M | $82.74M | $8.42M |
| Key Metrics | |||||
| Operating Cash Flow | $126.04M | $198.73M | $-49.25M | $35.28M | $55.38M |
| Capital Expenditure | - | - | - | - | - |
| Free Cash Flow | $126.04M | $198.73M | $-49.25M | $35.28M | $55.38M |