| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $1.2B | $2.3B | 87.7% | -1.2% |
| Op. Income | $46M | -$96M | -$167M | 148.0% | 127.7% |
| Gross Margin | 22.4% | 24.6% | 16.8% | -2.1pp | 5.7pp |
| Net Margin | 2.2% | -8.0% | -6.5% | 10.1pp | 8.7pp |
| EPS (Diluted) | $0.16 | $-0.31 | $-0.49 | 151.6% | 132.7% |
| Free Cash Flow | $327M | $164M | -$132M | 98.8% | 348.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $500M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $453M |
| Other Expenses | $200.0K |
| Operating Expenses | $454M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $46M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $14M |
| EBIT | $46M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $500M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $453M |
| Other Expenses | $200.0K |
| Operating Expenses | $454M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $46M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $14M |
| EBIT | $46M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $279M |
| OPERATING CASH FLOW | $338M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $32M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$700.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $327M |
| Net Change in Cash | $337M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $252M |
| Net Receivables | $154M |
| Inventory | $683M |
| Other Current Assets | $96M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $697M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $74M |
| TOTAL NON-CURRENT ASSETS | $790M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $531M |
| Short-Term Debt | $11M |
| Deferred Revenue | $404M |
| Other Current Liabilities | $96M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $452M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$220M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $617M |
| Net Debt | -$522M |
