| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $215M | $449M | $199M | -52.1% | 7.7% |
| Op. Income | -$4M | $20M | $900.0K | -117.5% | -488.9% |
| Gross Margin | 15.8% | 14.4% | 15.1% | 1.4pp | 0.6pp |
| Net Margin | -3.7% | -2.7% | 28.6% | -1.0pp | -32.3pp |
| EPS (Diluted) | $-0.31 | $-0.85 | $1.63 | 63.5% | -119.0% |
| Free Cash Flow | -$22M | $131M | -$11M | -117.1% | -111.3% |
| Item | Amount |
|---|---|
| REVENUE | $215M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $218M |
| OPERATING INCOME | -$4M |
| Interest Income | $200.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $3M |
| NET INCOME | -$8M |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $27M |
| EBIT | $2M |
| EBITDA | $29M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$300.0K |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $61M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$500.0K |
| NET CASH FROM INVESTING | $35M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $109M |
| Inventory | $269M |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $479M |
| PP&E (Net) | $803M |
| Goodwill | $57M |
| Intangible Assets | $47M |
| Long-Term Investments | $48M |
| Tax Assets | $0 |
| Other Non-Current Assets | $142M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $86M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $189M |
| Long-Term Debt | $886M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $62M |
| Other Non-Current Liabilities | $139M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $148M |
| Retained Earnings | $239M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $301M |
| Minority Interest | $0 |
| TOTAL EQUITY | $301M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $886M |
| Net Debt | $839M |
