| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.2B | -2.9% | -9.7% |
| Op. Income | -$127M | -$3.7B | $41M | 96.5% | -409.8% |
| Gross Margin | 62.0% | 64.3% | 68.1% | -2.3pp | -6.1pp |
| Net Margin | -12.8% | -342.2% | 9.3% | 329.4pp | -22.2pp |
| EPS (Diluted) | $-0.88 | $-24.31 | $0.71 | 96.4% | -223.9% |
| Free Cash Flow | $59M | -$298M | $212M | 119.8% | -72.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $411M |
| GROSS PROFIT | $672M |
| R&D Expenses | $346M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $432M |
| Other Expenses | $21M |
| Operating Expenses | $799M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$127M |
| Interest Income | $7M |
| Interest Expense | $9M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | -$168M |
| Income Tax Expense | -$29M |
| Net Income from Continuing Ops | -$139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$139M |
| D&A | $106M |
| EBIT | -$159M |
| EBITDA | -$53M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$139M |
| Depreciation & Amortization | $106M |
| Stock-Based Compensation | $100M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $107M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $147M |
| Capital Expenditure | -$88M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$102M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $991M |
| NET CASH FROM FINANCING | $956M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $26M |
| Net Receivables | $688M |
| Inventory | $568M |
| Other Current Assets | $268M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $1.7B |
| Goodwill | $3.2B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $211M |
| Tax Assets | $0 |
| Other Non-Current Assets | $212M |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $12.3B |
| Account Payables | $293M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $245M |
| Other Current Liabilities | $626M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $63M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $586M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $9.2B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.6B |
| TOTAL LIABILITIES & EQUITY | $12.3B |
| Total Debt | $3.6B |
| Net Debt | $1.5B |
