| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $487M | -6.0% | 211.7% |
| Op. Income | -$281M | -$185M | -$687M | -51.7% | 59.1% |
| Gross Margin | 19.7% | 23.3% | -47.2% | -3.6pp | 67.0pp |
| Net Margin | -31.8% | -18.3% | -322.7% | -13.5pp | 290.9pp |
| EPS (Diluted) | $-1.14 | $-0.70 | $-4.01 | -62.9% | 71.6% |
| Free Cash Flow | $81M | -$1.2B | -$529M | 106.7% | 115.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $300M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $379M |
| Other Expenses | $202M |
| Operating Expenses | $581M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | -$281M |
| Interest Income | $0 |
| Interest Expense | $177M |
| Other Income/Expenses | -$201M |
| INCOME BEFORE TAX | -$482M |
| Income Tax Expense | $385.0K |
| NET INCOME | -$482M |
| D&A | $217M |
| EBIT | -$305M |
| EBITDA | -$88M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$482M |
| Depreciation & Amortization | $217M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $455M |
| OPERATING CASH FLOW | $237M |
| Capital Expenditure | -$155M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$164M |
| Net Debt Issuance | -$305M |
| Common Stock Repurchased | -$775.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$312M |
| FREE CASH FLOW | $81M |
| Net Change in Cash | -$240M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $947M |
| Short-Term Investments | $0 |
| Net Receivables | $326M |
| Inventory | $149M |
| Other Current Assets | $451M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $14.5B |
| Goodwill | $98M |
| Intangible Assets | $501M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $16.7B |
| TOTAL ASSETS | $18.6B |
| Account Payables | $229M |
| Short-Term Debt | $991M |
| Deferred Revenue | $2.5B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $12.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $804M |
| TOTAL NON-CURRENT LIABILITIES | $13.4B |
| TOTAL LIABILITIES | $18.5B |
| Common Stock | $421.0K |
| Additional Paid-In Capital | $7.6B |
| Retained Earnings | -$7.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$477M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69M |
| Minority Interest | $0 |
| TOTAL EQUITY | $69M |
| TOTAL LIABILITIES & EQUITY | $18.6B |
| Total Debt | $13.6B |
| Net Debt | $12.7B |
