| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $470M | $943M | $474M | -50.2% | -1.0% |
| Op. Income | -$26M | $116M | -$309.0K | -122.7% | -8397.1% |
| Gross Margin | 32.8% | 40.1% | 38.9% | -7.3pp | -6.1pp |
| Net Margin | -5.0% | 9.4% | 0.3% | -14.4pp | -5.3pp |
| EPS (Diluted) | $-0.36 | $1.34 | $0.02 | -126.9% | -1900.0% |
| Free Cash Flow | -$162M | $315M | -$110M | -151.7% | -48.3% |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $315M |
| GROSS PROFIT | $154M |
| R&D Expenses | $14M |
| Selling & Marketing | $131M |
| General & Administrative | $23M |
| SG&A Expenses | $153M |
| Other Expenses | $13M |
| Operating Expenses | $180M |
| Cost & Expenses | $496M |
| OPERATING INCOME | -$26M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $13M |
| EBIT | -$30M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$372.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$140M |
| OPERATING CASH FLOW | -$147M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | -$162M |
| Net Change in Cash | -$178M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $0 |
| Net Receivables | $41M |
| Inventory | $214M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $382M |
| PP&E (Net) | $361M |
| Goodwill | $214M |
| Intangible Assets | $147M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $747M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $59M |
| Short-Term Debt | $33M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $268M |
| Long-Term Debt | $147M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $327M |
| TOTAL LIABILITIES | $595M |
| Common Stock | $902.0K |
| Additional Paid-In Capital | $379M |
| Retained Earnings | $338M |
| Treasury Stock | -$184M |
| Accum. Other Comp. Income | -$318.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $534M |
| Minority Interest | $0 |
| TOTAL EQUITY | $534M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $306M |
| Net Debt | $212M |
