| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $195M | $183M | $186M | 6.6% | 4.9% |
| Op. Income | -$125M | -$104M | -$93M | -19.8% | -34.9% |
| Gross Margin | 15.9% | 2.7% | 15.9% | 13.2pp | 0.0pp |
| Net Margin | -64.2% | -59.0% | -42.9% | -5.2pp | -21.3pp |
| EPS (Diluted) | $-4.23 | $-3.62 | $-2.68 | -16.9% | -57.8% |
| Free Cash Flow | -$86M | -$148M | -$153M | 42.4% | 44.1% |
| Item | Amount |
|---|---|
| REVENUE | $195M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $31M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $108M |
| Other Expenses | $41M |
| Operating Expenses | $156M |
| Cost & Expenses | $320M |
| OPERATING INCOME | -$125M |
| Interest Income | $121.0K |
| Interest Expense | $4M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$122M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$125M |
| D&A | $14M |
| EBIT | -$118M |
| EBITDA | -$104M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$125M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $49M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$54M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$672.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $48M |
| NET CASH FROM FINANCING | $46M |
| FREE CASH FLOW | -$86M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $116M |
| Inventory | $114M |
| Other Current Assets | $143M |
| TOTAL CURRENT ASSETS | $482M |
| PP&E (Net) | $602M |
| Goodwill | $113M |
| Intangible Assets | $15M |
| Long-Term Investments | $5M |
| Tax Assets | $6M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $743M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $83M |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $342M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $92M |
| TOTAL LIABILITIES | $434M |
| Common Stock | $105.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$666M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$171M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $791M |
| Minority Interest | $0 |
| TOTAL EQUITY | $791M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $152M |
| Net Debt | $69M |
