| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $371M | $351M | $376M | 5.6% | -1.3% |
| Op. Income | $3M | $6M | $19M | -50.5% | -85.9% |
| Gross Margin | 40.0% | 38.2% | 44.4% | 1.8pp | -4.4pp |
| Net Margin | -1.3% | -0.6% | 2.0% | -0.6pp | -3.2pp |
| EPS (Diluted) | $-0.14 | $-0.07 | $0.22 | -114.4% | -163.6% |
| Free Cash Flow | -$14M | -$3M | -$44M | -369.7% | 67.6% |
| Item | Amount |
|---|---|
| REVENUE | $371M |
| Cost of Revenue | $223M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $133M |
| Other Expenses | $13M |
| Operating Expenses | $146M |
| Cost & Expenses | $368M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $10M |
| EBIT | $3M |
| EBITDA | $12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $134.0K |
| Deferred Income Tax | $88.0K |
| Other Non-Cash Items | $565.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $1.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5.0K |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $565M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $692M |
| PP&E (Net) | $153M |
| Goodwill | $107M |
| Intangible Assets | $257M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $521M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $229M |
| Short-Term Debt | $14M |
| Deferred Revenue | $44M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $360M |
| Long-Term Debt | $386M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $45M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $467M |
| TOTAL LIABILITIES | $827M |
| Common Stock | $330.0K |
| Additional Paid-In Capital | $369M |
| Retained Earnings | $35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $386M |
| Minority Interest | $0 |
| TOTAL EQUITY | $386M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $400M |
| Net Debt | $371M |
