2024 Q3 Form 10-Q Financial Statement

#000140810024000113 Filed on August 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $127.5M $132.0M
YoY Change -9.77% -9.9%
Cost Of Revenue $37.00M
YoY Change
Gross Profit $95.00M
YoY Change
Gross Profit Margin 71.97%
Selling, General & Admin $36.80M
YoY Change -60.43%
% of Gross Profit 38.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $36.90M $36.40M
YoY Change -4.9% -9.23%
% of Gross Profit 38.32%
Operating Expenses $73.20M
YoY Change -45.0%
Operating Profit $21.80M
YoY Change
Interest Expense -$81.90M
YoY Change -224.09%
% of Operating Profit -375.69%
Other Income/Expense, Net -$13.10M $300.0K
YoY Change -509.38% -98.77%
Pretax Income -$77.50M -$60.10M
YoY Change -7.52% -204.34%
Income Tax -$10.70M -$11.80M
% Of Pretax Income
Net Earnings -$66.80M -$48.30M
YoY Change 4.21% -202.11%
Net Earnings / Revenue -52.39% -36.59%
Basic Earnings Per Share -$0.56 -$0.43
Diluted Earnings Per Share -$0.56 -$0.43
COMMON SHARES
Basic Shares Outstanding 137.4M shares 137.5M shares
Diluted Shares Outstanding 137.4M shares 137.6M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $366.5M
YoY Change -5.3%
Cash & Equivalents $367.1M $366.5M
Short-Term Investments
Other Short-Term Assets $13.00M
YoY Change 22.64%
Inventory
Prepaid Expenses
Receivables $41.40M
Other Receivables $0.00
Total Short-Term Assets $420.9M
YoY Change -1.43%
LONG-TERM ASSETS
Property, Plant & Equipment $4.619B
YoY Change -7.29%
Goodwill $23.90M $23.90M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $2.056B
YoY Change -11.41%
Other Assets $17.30M
YoY Change -21.72%
Total Long-Term Assets $7.074B
YoY Change -8.92%
TOTAL ASSETS
Total Short-Term Assets $420.9M
Total Long-Term Assets $7.074B
Total Assets $7.444B $7.495B
YoY Change -5.89% -8.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.10M
YoY Change -25.31%
Accrued Expenses $551.3M
YoY Change -14.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $563.4M
YoY Change -14.45%
LONG-TERM LIABILITIES
Long-Term Debt $5.222B
YoY Change -2.12%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $5.222B
YoY Change -2.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $563.4M
Total Long-Term Liabilities $5.222B
Total Liabilities $5.791B $5.785B
YoY Change -1.14% -3.48%
SHAREHOLDERS EQUITY
Retained Earnings -$510.3M -$416.6M
YoY Change 605.81% -880.15%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.614B $1.670B
YoY Change
Total Liabilities & Shareholders Equity $7.444B $7.495B
YoY Change -5.89% -8.53%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$66.80M -$48.30M
YoY Change 4.21% -202.11%
Depreciation, Depletion And Amortization $36.90M $36.40M
YoY Change -4.9% -9.23%
Cash From Operating Activities $36.70M
YoY Change -43.28%
INVESTING ACTIVITIES
Capital Expenditures $44.60M
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$26.60M
YoY Change -72.49%
Cash From Investing Activities -$71.20M
YoY Change -26.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -142.1M
YoY Change -314.98%
NET CHANGE
Cash From Operating Activities 36.70M
Cash From Investing Activities -71.20M
Cash From Financing Activities -142.1M
Net Change In Cash -176.6M
YoY Change -617.89%
FREE CASH FLOW
Cash From Operating Activities $36.70M
Capital Expenditures $44.60M
Free Cash Flow -$7.900M
YoY Change

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4800000 usd
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IncomeLossFromEquityMethodInvestmentsIncludingUnrealizedGainOnFairValueOption
21400000 usd
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IncomeLossFromEquityMethodInvestmentsIncludingUnrealizedGainOnFairValueOption
13800000 usd
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GainLossOnEquityMethodInvestments
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CY2023Q2 kw Gain Loss On Equity Method Investments
GainLossOnEquityMethodInvestments
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GainLossOnEquityMethodInvestments
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CY2024Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2023Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2024Q2 kw Accrued Performance Fees
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8 jointventure
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CY2023Q4 us-gaap Other Assets Fair Value Disclosure
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CY2024Q2 us-gaap Alternative Investment
AlternativeInvestment
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CY2023Q4 us-gaap Alternative Investment
AlternativeInvestment
133100000 usd
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2600000000 usd
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us-gaap Provision For Loan Lease And Other Losses
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43300000 usd
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45800000 usd
CY2024Q2 us-gaap Goodwill
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23900000 usd
CY2023Q4 us-gaap Goodwill
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23900000 usd
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13000000.0 usd
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13100000 usd
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9300000 usd
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10000000.0 usd
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DeferredCostsLeasingAccumulatedAmortization
13400000 usd
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28700000 usd
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25000000.0 usd
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178100000 usd
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600000 usd
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1000000.0 usd
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1300000 usd
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1300000 usd
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1300000 usd
CY2024Q2 kw Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
30800000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
36300000 usd
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28000000.0 usd
CY2024Q2 us-gaap Operating Lease Liability
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8300000 usd
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0.045
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P7Y
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21800000 usd
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15700000 usd
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11200000 usd
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250000000.0 usd
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39000000.0 usd
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139389170 shares
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138142769 shares
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138674109 shares
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IncomeLossFromEquityMethodInvestments
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