| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $628M | $622M | $523M | 1.0% | 20.1% |
| Op. Income | $7M | -$77M | -$138M | 108.9% | 105.0% |
| Gross Margin | 73.2% | 74.8% | 71.7% | -1.6pp | 1.5pp |
| Net Margin | 0.1% | -13.0% | -28.4% | 13.2pp | 28.6pp |
| EPS (Diluted) | $0.00 | $-0.45 | $-0.84 | 101.0% | 100.5% |
| Free Cash Flow | -$826.0K | $66M | -$86M | -101.3% | 99.0% |
| Item | Amount |
|---|---|
| REVENUE | $628M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $460M |
| R&D Expenses | $111M |
| Selling & Marketing | $44M |
| General & Administrative | $347M |
| SG&A Expenses | $391M |
| Other Expenses | -$49M |
| Operating Expenses | $453M |
| Cost & Expenses | $621M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $249.0K |
| Net Income from Continuing Ops | $794.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $794.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $794.0K |
| D&A | $52M |
| EBIT | $8M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $628M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $460M |
| R&D Expenses | $111M |
| Selling & Marketing | $44M |
| General & Administrative | $347M |
| SG&A Expenses | $391M |
| Other Expenses | -$49M |
| Operating Expenses | $453M |
| Cost & Expenses | $621M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $249.0K |
| Net Income from Continuing Ops | $794.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $794.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $794.0K |
| D&A | $52M |
| EBIT | $8M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $794.0K |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $62M |
| Deferred Income Tax | -$951.0K |
| Other Non-Cash Items | -$65M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$41M |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $92.0K |
| NET CASH FROM FINANCING | $92.0K |
| FREE CASH FLOW | -$826.0K |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $595M |
| Short-Term Investments | $140M |
| Net Receivables | $199M |
| Inventory | $133M |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $842M |
| Goodwill | $2.4B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $151M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $74M |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $477M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $342M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $6.5B |
| Retained Earnings | -$3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $2.6B |
| Net Debt | $2.0B |
