| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $338M | — | $304M | — | 11.2% |
| Op. Income | -$28M | — | $50M | — | -156.9% |
| Gross Margin | 18.9% | — | 32.0% | — | -13.1pp |
| Net Margin | -5.5% | — | 13.3% | — | -18.8pp |
| EPS (Diluted) | $-0.40 | — | $0.96 | — | -141.7% |
| Free Cash Flow | $56M | — | $27M | — | 107.8% |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $274M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $92M |
| Operating Expenses | $92M |
| Cost & Expenses | $366M |
| OPERATING INCOME | -$28M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $7M |
| EBIT | -$22M |
| EBITDA | -$15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $34M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$146M |
| Sales/Maturities of Investments | $230M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $81M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$62M |
| NET CASH FROM FINANCING | -$130M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $5.4B |
| Net Receivables | $468M |
| Inventory | $0 |
| Other Current Assets | -$5.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $69M |
| Goodwill | $54M |
| Intangible Assets | $185M |
| Long-Term Investments | $6.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $13.3B |
| Account Payables | $0 |
| Short-Term Debt | $249M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$249M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $249M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$249M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $12.2B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $503M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$517M |
| Accum. Other Comp. Income | -$399M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $13.3B |
| Total Debt | $498M |
| Net Debt | $456M |
