| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $1.1B | -4.0% | 0.6% |
| Op. Income | -$3.7B | -$579M | -$545M | -531.6% | -571.0% |
| Gross Margin | 64.3% | 66.0% | 69.5% | -1.7pp | -5.2pp |
| Net Margin | -342.2% | -46.0% | 28.6% | -296.2pp | -370.9pp |
| EPS (Diluted) | $-24.31 | $-3.41 | $2.07 | -612.9% | -1274.4% |
| Free Cash Flow | -$298M | $54M | -$324M | -651.9% | 8.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $398M |
| GROSS PROFIT | $717M |
| R&D Expenses | $325M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $146M |
| Other Expenses | $3.9B |
| Operating Expenses | $4.4B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | -$3.7B |
| Interest Income | $3M |
| Interest Expense | $6M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$3.7B |
| Income Tax Expense | $144M |
| Net Income from Continuing Ops | -$3.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.8B |
| D&A | $103M |
| EBIT | -$3.7B |
| EBITDA | -$3.6B |
| EPS | -$24 |
| EPS Diluted | -$24 |
| Item | Amount |
|---|---|
| Net Income | -$3.8B |
| Depreciation & Amortization | $103M |
| Stock-Based Compensation | $83M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $3.7B |
| Change in Working Capital | -$122M |
| OPERATING CASH FLOW | -$52M |
| Capital Expenditure | -$246M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$180M |
| NET CASH FROM INVESTING | -$250M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | -$298M |
| Net Change in Cash | -$289M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $41M |
| Net Receivables | $645M |
| Inventory | $559M |
| Other Current Assets | $188M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $1.7B |
| Goodwill | $3.2B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $226M |
| Tax Assets | $0 |
| Other Non-Current Assets | $222M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $11.3B |
| Account Payables | $281M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $225M |
| Other Current Liabilities | $586M |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $495M |
| Deferred Revenue NC | $63M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $550M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $9.1B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$3.7B |
| Accum. Other Comp. Income | $39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $11.3B |
| Total Debt | $2.6B |
| Net Debt | $1.6B |
