| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $900M | $1.0B | 27.9% | 9.8% |
| Op. Income | -$17M | -$129M | $35M | 86.5% | -149.7% |
| Gross Margin | 5.1% | -6.2% | 10.1% | 11.3pp | -5.0pp |
| Net Margin | -0.6% | -10.9% | 2.9% | 10.3pp | -3.5pp |
| EPS (Diluted) | $-0.12 | $-1.78 | $0.55 | 93.3% | -121.8% |
| Free Cash Flow | $58M | $81M | $62M | -29.0% | -6.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $76M |
| Operating Expenses | $76M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$17M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $18M |
| EBIT | -$13M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $15.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$105M |
| Change in Working Capital | $162M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$782M |
| Sales/Maturities of Investments | $636M |
| Other Investing Activities | $35M |
| NET CASH FROM INVESTING | -$121M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $290M |
| Short-Term Investments | $123M |
| Net Receivables | $658M |
| Inventory | $0 |
| Other Current Assets | -$1.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $192M |
| Goodwill | $43M |
| Intangible Assets | $9M |
| Long-Term Investments | $4.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.2B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $6.5B |
| Account Payables | $152M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$152M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $398M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$420M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $99M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $420M |
| Net Debt | $130M |
