| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.8B | $2.0B | -4.9% | -14.5% |
| Op. Income | -$120M | -$55M | $106M | -118.0% | -213.3% |
| Gross Margin | 63.7% | 64.9% | 69.4% | -1.2pp | -5.7pp |
| Net Margin | -5.3% | -2.2% | 4.4% | -3.1pp | -9.7pp |
| EPS (Diluted) | $-0.30 | $-0.13 | $0.29 | -130.8% | -203.4% |
| Free Cash Flow | $500M | $125M | $455M | 300.8% | 9.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $624M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.2B |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | -$120M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $300.0K |
| INCOME BEFORE TAX | -$120M |
| Income Tax Expense | -$28M |
| Net Income from Continuing Ops | -$92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $100.0K |
| NET INCOME | -$92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$92M |
| D&A | $0 |
| EBIT | -$103M |
| EBITDA | -$103M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$92M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $363M |
| Change in Working Capital | $229M |
| OPERATING CASH FLOW | $500M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$105M |
| Common Dividends Paid | -$374M |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | -$479M |
| FREE CASH FLOW | $500M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $102M |
| Short-Term Investments | $12.2B |
| Net Receivables | $7.8B |
| Inventory | $0 |
| Other Current Assets | -$20.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$15.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $24.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$560M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.6B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $19.3B |
| Common Stock | $304M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $4.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$728M |
| Other Equity | -$73M |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $24.9B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
