| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $622M | $455M | $498M | 36.7% | 24.9% |
| Op. Income | -$137M | $8M | $2M | -1896.1% | -7683.3% |
| Gross Margin | 18.7% | 16.3% | 16.0% | 2.4pp | 2.8pp |
| Net Margin | -23.2% | 0.5% | -0.7% | -23.7pp | -22.5pp |
| EPS (Diluted) | $-4.10 | $0.07 | $-0.10 | -5957.1% | -4000.0% |
| Free Cash Flow | $47M | -$21M | -$10M | 323.6% | 574.0% |
| Item | Amount |
|---|---|
| REVENUE | $622M |
| Cost of Revenue | $505M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $174M |
| Operating Expenses | $253M |
| Cost & Expenses | $758M |
| OPERATING INCOME | -$137M |
| Interest Income | -$400.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$140M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$144M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$144M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$144M |
| D&A | $15M |
| EBIT | -$132M |
| EBITDA | -$116M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$144M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $163M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $0 |
| Net Receivables | $277M |
| Inventory | $612M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $999M |
| PP&E (Net) | $381M |
| Goodwill | $80M |
| Intangible Assets | $127M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $617M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $275M |
| Short-Term Debt | $6M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $147M |
| TOTAL CURRENT LIABILITIES | $548M |
| Long-Term Debt | $380M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $530M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $607M |
| Retained Earnings | $104M |
| Treasury Stock | -$66M |
| Accum. Other Comp. Income | -$108M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $538M |
| Minority Interest | $0 |
| TOTAL EQUITY | $538M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $420M |
| Net Debt | $356M |
