| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $790M | — | $1.2B | — | -34.2% |
| Op. Income | $400.0K | — | $74M | — | -99.5% |
| Gross Margin | 21.8% | — | 21.1% | — | 0.7pp |
| Net Margin | 68.9% | — | 2.5% | — | 66.4pp |
| EPS (Diluted) | $-0.18 | — | $0.32 | — | -156.3% |
| Free Cash Flow | $124M | — | $86M | — | 44.5% |
| Item | Amount |
|---|---|
| REVENUE | $790M |
| Cost of Revenue | $618M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $172M |
| Other Expenses | $0 |
| Operating Expenses | $172M |
| Cost & Expenses | $790M |
| OPERATING INCOME | $400.0K |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | -$77M |
| Income Tax Expense | -$61M |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $562M |
| Other Adjustments | $0 |
| NET INCOME | $545M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $545M |
| D&A | $49M |
| EBIT | -$28M |
| EBITDA | $21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $545M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $500.0K |
| Other Non-Cash Items | -$519M |
| Change in Working Capital | $95M |
| OPERATING CASH FLOW | $175M |
| Capital Expenditure | -$50M |
| Acquisitions (Net) | $928M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $884M |
| Net Debt Issuance | -$950M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$972M |
| FREE CASH FLOW | $124M |
| Net Change in Cash | $97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $641M |
| Short-Term Investments | $0 |
| Net Receivables | $441M |
| Inventory | $373M |
| Other Current Assets | $115M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $1.1B |
| Goodwill | $1.7B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $136M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $454M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $869M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $343M |
| Other Non-Current Liabilities | $303M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$935M |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $18M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $2.2B |
| Net Debt | $1.6B |
