| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $265M | $263M | $304M | 0.8% | -12.8% |
| Op. Income | -$115M | $100M | $36M | -216.0% | -419.0% |
| Gross Margin | 47.8% | 46.6% | 46.9% | 1.2pp | 0.8pp |
| Net Margin | -30.0% | 14.0% | -0.6% | -44.0pp | -29.5pp |
| EPS (Diluted) | $-10.49 | $4.17 | $-0.18 | -351.6% | -5727.8% |
| Free Cash Flow | -$47M | -$114M | -$109M | 58.9% | 56.7% |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $139M |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $207M |
| Operating Expenses | $242M |
| Cost & Expenses | $381M |
| OPERATING INCOME | -$115M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $37M |
| INCOME BEFORE TAX | -$79M |
| Income Tax Expense | $837.0K |
| Net Income from Continuing Ops | -$80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$80M |
| D&A | $4M |
| EBIT | -$115M |
| EBITDA | -$112M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$80M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $60M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | -$45M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$102.0K |
| Purchases of Investments | $15M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $28M |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | $43M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | -$47M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $208M |
| Short-Term Investments | $0 |
| Net Receivables | $8.3B |
| Inventory | $0 |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $9.3B |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $2.7B |
| Long-Term Investments | $42M |
| Tax Assets | $3M |
| Other Non-Current Assets | $313M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $12.4B |
| Account Payables | $0 |
| Short-Term Debt | $48M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $265M |
| Long-Term Debt | $10.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $11.7B |
| TOTAL LIABILITIES | $11.9B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $547M |
| Retained Earnings | -$88M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $457M |
| Minority Interest | $0 |
| TOTAL EQUITY | $457M |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $10.5B |
| Net Debt | $10.2B |
