| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $954M | $949M | $741M | 0.6% | 28.8% |
| Op. Income | -$2M | $25M | $11M | -107.9% | -118.0% |
| Gross Margin | 3.0% | 8.7% | 9.1% | -5.7pp | -6.1pp |
| Net Margin | -1.4% | 0.9% | -3.0% | -2.3pp | 1.6pp |
| EPS (Diluted) | $-0.87 | $0.51 | $-1.41 | -270.6% | 38.3% |
| Free Cash Flow | -$12M | -$27M | $7M | 56.9% | -256.8% |
| Item | Amount |
|---|---|
| REVENUE | $954M |
| Cost of Revenue | $926M |
| GROSS PROFIT | $29M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | -$24M |
| Operating Expenses | $31M |
| Cost & Expenses | $956M |
| OPERATING INCOME | -$2M |
| Interest Income | $200.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $27M |
| EBIT | -$6M |
| EBITDA | $21M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$300.0K |
| Sales/Maturities of Investments | -$700.0K |
| Other Investing Activities | $700.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $235M |
| Short-Term Investments | $0 |
| Net Receivables | $495M |
| Inventory | $469M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1000M |
| Goodwill | $39M |
| Intangible Assets | $58M |
| Long-Term Investments | $18M |
| Tax Assets | $6M |
| Other Non-Current Assets | $94M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $419M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $548M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $184M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $62M |
| Treasury Stock | -$476M |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $650M |
| Minority Interest | $0 |
| TOTAL EQUITY | $650M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.1B |
| Net Debt | $841M |
