| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $165M | — | $199M | — | -17.2% |
| Op. Income | -$173M | — | $39M | — | -545.4% |
| Gross Margin | 15.8% | — | 29.3% | — | -13.5pp |
| Net Margin | -92.7% | — | 7.9% | — | -100.7pp |
| EPS (Diluted) | $-0.55 | — | $0.06 | — | -1058.2% |
| Free Cash Flow | -$23M | — | -$5M | — | -369.6% |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $139M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $182M |
| Operating Expenses | $199M |
| Cost & Expenses | $338M |
| OPERATING INCOME | -$173M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$176M |
| Income Tax Expense | -$15M |
| Net Income from Continuing Ops | -$160M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$153M |
| D&A | $44M |
| EBIT | -$173M |
| EBITDA | -$129M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$153M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $180M |
| Change in Working Capital | -$162.5K |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$498.9K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $923.7K |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | -$82.4K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $92M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $253M |
| PP&E (Net) | $1.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $73M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $135M |
| Long-Term Debt | $219M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $221M |
| TOTAL NON-CURRENT LIABILITIES | $452M |
| TOTAL LIABILITIES | $588M |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $138M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $44M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $241M |
| Net Debt | $160M |
