| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $289M | $321M | $287M | -10.0% | 0.7% |
| Op. Income | -$7M | $1M | -$9M | -800.0% | 22.2% |
| Gross Margin | 14.9% | 15.9% | 15.0% | -1.0pp | -0.1pp |
| Net Margin | 0.7% | 6.2% | 2.8% | -5.5pp | -2.1pp |
| EPS (Diluted) | $-0.01 | $0.19 | $0.06 | -106.7% | -120.5% |
| Free Cash Flow | -$37M | -$64M | -$17M | 42.2% | -117.6% |
| Item | Amount |
|---|---|
| REVENUE | $289M |
| Cost of Revenue | $246M |
| GROSS PROFIT | $43M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $42M |
| Operating Expenses | $50M |
| Cost & Expenses | $296M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $8M |
| EBIT | $16M |
| EBITDA | $24M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | -$73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $216M |
| Short-Term Investments | $0 |
| Net Receivables | $164M |
| Inventory | $273M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $699M |
| PP&E (Net) | $188M |
| Goodwill | $12M |
| Intangible Assets | $30M |
| Long-Term Investments | $25M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $147M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $137M |
| TOTAL CURRENT LIABILITIES | $297M |
| Long-Term Debt | $312M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $512M |
| TOTAL NON-CURRENT LIABILITIES | $860M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$577M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | $327M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $361M |
| Net Debt | $145M |
