Reported December 30, 2022
| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $561M | — | $312M | — | 79.5% |
| Op. Income | $130M | — | $28M | — | 359.8% |
| Gross Margin | 27.8% | — | 13.9% | — | 13.9pp |
| Net Margin | -7.4% | — | -48.3% | — | 40.9pp |
| EPS (Diluted) | $-0.07 | — | $-0.27 | — | 72.6% |
| Free Cash Flow | $3M | — | -$72M | — | 104.7% |
| Item | Amount |
|---|---|
| REVENUE | $561M |
| Cost of Revenue | $405M |
| GROSS PROFIT | $156M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $431M |
| OPERATING INCOME | $130M |
| Interest Income | $1M |
| Interest Expense | $21M |
| Other Income/Expenses | -$162M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $37M |
| EBIT | $8M |
| EBITDA | $45M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $73M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $45M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | -$40M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | $33M |
| NET CASH FROM INVESTING | $888.0K |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$75M |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $14.0K |
| Net Receivables | $12M |
| Inventory | $26M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $153M |
| PP&E (Net) | $399M |
| Goodwill | $1M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $423M |
| TOTAL ASSETS | $576M |
| Account Payables | $32M |
| Short-Term Debt | $75.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $723.0K |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $521.0K |
| Deferred Revenue NC | $430.0K |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $217M |
| TOTAL LIABILITIES | $334M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $494M |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$255M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $240M |
| Minority Interest | $2M |
| TOTAL EQUITY | $242M |
| TOTAL LIABILITIES & EQUITY | $576M |
| Total Debt | $242M |
| Net Debt | $148M |