| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $284M | $407M | $264M | -30.3% | 7.6% |
| Op. Income | -$13M | $61M | -$47M | -120.6% | 73.4% |
| Gross Margin | 18.7% | 27.6% | -7.2% | -8.9pp | 25.9pp |
| Net Margin | -5.0% | 15.1% | -20.0% | -20.1pp | 14.9pp |
| EPS (Diluted) | $-0.04 | $0.15 | $-0.13 | -123.3% | 72.8% |
| Free Cash Flow | -$66M | $48M | $126M | -237.2% | -152.3% |
| Item | Amount |
|---|---|
| REVENUE | $284M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $53M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $45M |
| SG&A Expenses | $47M |
| Other Expenses | $16M |
| Operating Expenses | $66M |
| Cost & Expenses | $297M |
| OPERATING INCOME | -$13M |
| Interest Income | $7M |
| Interest Expense | $11M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $41M |
| EBIT | -$19M |
| EBITDA | $22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $618.2K |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $40M |
| Change in Working Capital | -$77M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $327.4K |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$680.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$314.2K |
| NET CASH FROM FINANCING | -$936.9K |
| FREE CASH FLOW | -$66M |
| Net Change in Cash | -$89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $688M |
| Short-Term Investments | $294M |
| Net Receivables | $171M |
| Inventory | $431M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $2.5B |
| Goodwill | $0 |
| Intangible Assets | $35M |
| Long-Term Investments | $150M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $203M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $116M |
| TOTAL CURRENT LIABILITIES | $320M |
| Long-Term Debt | $764M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $795M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $164M |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $13.2K |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $770M |
| Net Debt | $82M |
