| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $364M | $403M | $322M | -9.8% | 13.1% |
| Op. Income | -$462M | -$12M | -$7M | -3673.6% | -6572.8% |
| Gross Margin | 79.6% | 79.8% | 79.0% | -0.2pp | 0.5pp |
| Net Margin | -139.9% | -15.2% | -22.8% | -124.7pp | -117.1pp |
| EPS (Diluted) | $-3.07 | $-0.37 | $-6.33 | -729.7% | 51.5% |
| Free Cash Flow | -$125M | $239M | -$21M | -152.2% | -489.8% |
| Item | Amount |
|---|---|
| REVENUE | $364M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $290M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $367M |
| Other Expenses | $366M |
| Operating Expenses | $751M |
| Cost & Expenses | $826M |
| OPERATING INCOME | -$462M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | -$523M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | -$509M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$509M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$509M |
| D&A | $57M |
| EBIT | -$153M |
| EBITDA | -$96M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$509M |
| Depreciation & Amortization | $124M |
| Stock-Based Compensation | -$82M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $453M |
| Change in Working Capital | -$102M |
| OPERATING CASH FLOW | -$115M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | -$125M |
| Net Change in Cash | -$126M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $296M |
| Short-Term Investments | $0 |
| Net Receivables | $252M |
| Inventory | $226M |
| Other Current Assets | $124M |
| TOTAL CURRENT ASSETS | $911M |
| PP&E (Net) | $210M |
| Goodwill | $2.9B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $365M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $156M |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $811M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $761M |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$598M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $949M |
| Minority Interest | $0 |
| TOTAL EQUITY | $949M |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $3.7B |
| Net Debt | $3.4B |
