| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $626M | 10.0% | 88.3% |
| Op. Income | $988M | $879M | $475M | 12.5% | 108.3% |
| Gross Margin | 86.3% | 85.2% | 79.9% | 1.1pp | 6.3pp |
| Net Margin | -36.2% | 3.1% | -139.4% | -39.3pp | 103.2pp |
| EPS (Diluted) | $-2.28 | $0.15 | $-4.05 | -1620.0% | 43.7% |
| Free Cash Flow | $131M | $55M | $118M | 136.6% | 11.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $162M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $988M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | -$267M |
| Income Tax Expense | $160M |
| Net Income from Continuing Ops | -$427M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$427M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$427M |
| D&A | $114M |
| EBIT | -$207M |
| EBITDA | -$93M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$427M |
| Depreciation & Amortization | $114M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $161M |
| Other Non-Cash Items | $434M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $264M |
| Capital Expenditure | -$134M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | -$144M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $131M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $485M |
| Inventory | $20M |
| Other Current Assets | $201M |
| TOTAL CURRENT ASSETS | $724M |
| PP&E (Net) | $7.2B |
| Goodwill | $323M |
| Intangible Assets | $79M |
| Long-Term Investments | $259M |
| Tax Assets | $147M |
| Other Non-Current Assets | -$119M |
| TOTAL NON-CURRENT ASSETS | $7.9B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $169M |
| Short-Term Debt | $373M |
| Deferred Revenue | $23M |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $147M |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $6.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | -$613M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $2.5B |
| Net Debt | $2.5B |
