| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $226M | $526M | $177M | -57.0% | 27.7% |
| Op. Income | -$24M | $39M | -$14M | -163.0% | -77.7% |
| Gross Margin | 16.2% | 17.0% | 15.5% | -0.7pp | 0.7pp |
| Net Margin | -9.8% | 2.6% | -5.3% | -12.3pp | -4.5pp |
| EPS (Diluted) | $-0.17 | $0.12 | $-0.07 | -240.7% | -136.5% |
| Free Cash Flow | $12M | $32M | $44M | -62.1% | -72.5% |
| Item | Amount |
|---|---|
| REVENUE | $226M |
| Cost of Revenue | $189M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $254M |
| OPERATING INCOME | -$24M |
| Interest Income | $13M |
| Interest Expense | $0 |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $3M |
| EBIT | -$24M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$315M |
| Change in Working Capital | $346M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $263.7K |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | -$381.0K |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $362M |
| Inventory | $352M |
| Other Current Assets | $116M |
| TOTAL CURRENT ASSETS | $882M |
| PP&E (Net) | $58M |
| Goodwill | $91M |
| Intangible Assets | $55M |
| Long-Term Investments | $270.8K |
| Tax Assets | $40M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $264M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $464M |
| Short-Term Debt | $137M |
| Deferred Revenue | $65M |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $773M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $809M |
| Common Stock | $292M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $292M |
| Minority Interest | $44M |
| TOTAL EQUITY | $336M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $174M |
| Net Debt | $123M |
