| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $820M | $1.8B | 72.0% | -21.0% |
| Op. Income | -$577M | -$1.1B | $184M | 45.2% | -413.6% |
| Gross Margin | -0.6% | -61.2% | 39.9% | 60.7pp | -40.5pp |
| Net Margin | -29.5% | -99.8% | 8.6% | 70.3pp | -38.1pp |
| EPS (Diluted) | $-2.63 | $-5.13 | $0.94 | 48.7% | -379.8% |
| Free Cash Flow | $662M | $553M | $598M | 19.7% | 10.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | -$8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $569M |
| Operating Expenses | $569M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | -$577M |
| Interest Income | $195M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$577M |
| Income Tax Expense | -$161M |
| NET INCOME | -$416M |
| D&A | $24M |
| EBIT | -$563M |
| EBITDA | -$539M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$416M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$180M |
| Other Non-Cash Items | $684M |
| Change in Working Capital | $543M |
| OPERATING CASH FLOW | $666M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$683M |
| Sales/Maturities of Investments | $364M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$322M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$203M |
| Common Dividends Paid | -$108M |
| Other Financing Activities | -$48M |
| NET CASH FROM FINANCING | -$359M |
| FREE CASH FLOW | $662M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $11.7B |
| Net Receivables | $3.2B |
| Inventory | $0 |
| Other Current Assets | -$16.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $204M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $20.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$20.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $28.2B |
| Account Payables | $0 |
| Short-Term Debt | $44M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$44M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $843M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $780M |
| Other Non-Current Liabilities | -$1.6B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $18.8B |
| Common Stock | $397M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $10.8B |
| Treasury Stock | -$2.3B |
| Accum. Other Comp. Income | -$828M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.4B |
| TOTAL LIABILITIES & EQUITY | $28.2B |
| Total Debt | $887M |
| Net Debt | -$196M |
