| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $776M | $749M | $806M | 3.6% | -3.8% |
| Op. Income | $3M | $3M | $17M | 3.3% | -81.3% |
| Gross Margin | 3.9% | 7.2% | 8.9% | -3.3pp | -5.0pp |
| Net Margin | -3.4% | 0.3% | 0.2% | -3.7pp | -3.6pp |
| EPS (Diluted) | $-1.66 | $0.16 | $0.11 | -1137.5% | -1609.1% |
| Free Cash Flow | -$65M | -$103M | $18M | 37.0% | -458.9% |
| Item | Amount |
|---|---|
| REVENUE | $776M |
| Cost of Revenue | $746M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $773M |
| OPERATING INCOME | $3M |
| Interest Income | $700.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $27M |
| EBIT | -$23M |
| EBITDA | $3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $29M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | -$65M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $429M |
| Inventory | $525M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $1.1B |
| Goodwill | $19M |
| Intangible Assets | $55M |
| Long-Term Investments | $16M |
| Tax Assets | $8M |
| Other Non-Current Assets | $96M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $305M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $419M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $155M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $13M |
| Treasury Stock | -$476M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $631M |
| Minority Interest | $0 |
| TOTAL EQUITY | $631M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
