| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $464M | $508M | $565M | -8.5% | -17.7% |
| Op. Income | $129M | $69M | $133M | 85.2% | -3.2% |
| Gross Margin | 48.4% | 33.1% | 41.8% | 15.4pp | 6.6pp |
| Net Margin | 19.0% | 8.2% | 17.3% | 10.8pp | 1.8pp |
| EPS (Diluted) | $0.00 | $0.20 | $0.48 | -99.1% | -99.6% |
| Free Cash Flow | -$133M | -$7M | -$59M | -1778.9% | -124.4% |
| Item | Amount |
|---|---|
| REVENUE | $464M |
| Cost of Revenue | $239M |
| GROSS PROFIT | $225M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $36M |
| SG&A Expenses | $165M |
| Other Expenses | -$2M |
| Operating Expenses | $96M |
| Cost & Expenses | $336M |
| OPERATING INCOME | $129M |
| Interest Income | $846.0K |
| Interest Expense | $24M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $66M |
| EBIT | $134M |
| EBITDA | $200M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $464M |
| Cost of Revenue | $239M |
| GROSS PROFIT | $225M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $36M |
| SG&A Expenses | $165M |
| Other Expenses | -$2M |
| Operating Expenses | $96M |
| Cost & Expenses | $336M |
| OPERATING INCOME | $129M |
| Interest Income | $846.0K |
| Interest Expense | $24M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $66M |
| EBIT | $134M |
| EBITDA | $200M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $30M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$74M |
| OPERATING CASH FLOW | $110M |
| Capital Expenditure | -$243M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $32M |
| NET CASH FROM INVESTING | -$212M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $317M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$133M |
| Net Change in Cash | -$89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $209M |
| Inventory | $139M |
| Other Current Assets | $177M |
| TOTAL CURRENT ASSETS | $528M |
| PP&E (Net) | $6.0B |
| Goodwill | -$4.9T |
| Intangible Assets | $1M |
| Long-Term Investments | $19M |
| Tax Assets | $4.9T |
| Other Non-Current Assets | $96M |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $40M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $427M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $187M |
| Deferred Tax Liabilities | $782M |
| Other Non-Current Liabilities | $320M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $49M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$193.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $2.9B |
| Net Debt | $2.9B |
