| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $338M | — | $402M | — | -16.0% |
| Op. Income | $59M | — | $173M | — | -65.9% |
| Gross Margin | 22.1% | — | 45.8% | — | -23.7pp |
| Net Margin | 11.1% | — | 10.3% | — | 0.8pp |
| EPS (Diluted) | $0.07 | — | $0.07 | — | -5.6% |
| Free Cash Flow | -$36M | — | $33M | — | -211.0% |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $263M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $279M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $125M |
| EBIT | $59M |
| EBITDA | $184M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $263M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $279M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $125M |
| EBIT | $59M |
| EBITDA | $184M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $106M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $135M |
| Capital Expenditure | -$171M |
| Acquisitions (Net) | $171.7K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$152M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | -$36M |
| Net Change in Cash | $716.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $169M |
| Inventory | $624.8K |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $189M |
| PP&E (Net) | $3.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $40M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $197M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $210M |
| Long-Term Debt | $698M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $203M |
| Other Non-Current Liabilities | $418M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $66M |
| Retained Earnings | -$2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $552M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $462M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $704M |
| Net Debt | $699M |
