| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $530M | $371M | $555M | 42.8% | -4.6% |
| Op. Income | $13M | $3M | $17M | 356.7% | -26.6% |
| Gross Margin | 32.5% | 40.0% | 35.9% | -7.5pp | -3.3pp |
| Net Margin | -0.6% | -1.3% | 1.3% | 0.6pp | -1.9pp |
| EPS (Diluted) | $-0.10 | $-0.14 | $0.21 | 28.6% | -147.6% |
| Free Cash Flow | $78M | -$14M | $70M | 653.8% | 11.3% |
| Item | Amount |
|---|---|
| REVENUE | $530M |
| Cost of Revenue | $357M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $150M |
| Other Expenses | $9M |
| Operating Expenses | $160M |
| Cost & Expenses | $517M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $846.0K |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $10M |
| EBIT | $13M |
| EBITDA | $22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $216.0K |
| Deferred Income Tax | $467.0K |
| Other Non-Cash Items | $563.0K |
| Change in Working Capital | $82M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$63M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9.0K |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $45M |
| Inventory | $426M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $557M |
| PP&E (Net) | $158M |
| Goodwill | $107M |
| Intangible Assets | $257M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $525M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $172M |
| Short-Term Debt | $14M |
| Deferred Revenue | $41M |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $297M |
| Long-Term Debt | $324M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $46M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $404M |
| TOTAL LIABILITIES | $701M |
| Common Stock | $326.0K |
| Additional Paid-In Capital | $366M |
| Retained Earnings | $31M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $381M |
| Minority Interest | $0 |
| TOTAL EQUITY | $381M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $374M |
| Net Debt | $334M |
