| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | $5.0B | $5.8B | 25.8% | 9.7% |
| Op. Income | $200M | -$1.8B | $189M | 111.2% | 5.6% |
| Gross Margin | 41.0% | 40.1% | 39.9% | 0.8pp | 1.0pp |
| Net Margin | -1.9% | -30.9% | 3.2% | 28.9pp | -5.1pp |
| EPS (Diluted) | $-0.13 | $-1.70 | $0.20 | 92.4% | -164.7% |
| Free Cash Flow | $122M | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $588M |
| Selling & Marketing | $1.5B |
| General & Administrative | $228M |
| SG&A Expenses | $1.7B |
| Other Expenses | $84M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $200M |
| Interest Income | $0 |
| Interest Expense | $72M |
| Other Income/Expenses | -$192M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $140M |
| Net Income from Continuing Ops | -$132M |
| Net Income from Discontinued Ops | $9M |
| Other Adjustments | $0 |
| NET INCOME | -$123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$123M |
| D&A | $0 |
| EBIT | $81M |
| EBITDA | $81M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$123M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $122M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $123M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $122M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $122M |
| Net Change in Cash | $122M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $13M |
| Net Receivables | $5.4B |
| Inventory | $4.7B |
| Other Current Assets | $234M |
| TOTAL CURRENT ASSETS | $12.0B |
| PP&E (Net) | $3.1B |
| Goodwill | $12.0B |
| Intangible Assets | $4.1B |
| Long-Term Investments | $1.4B |
| Tax Assets | $2.9B |
| Other Non-Current Assets | $445M |
| TOTAL NON-CURRENT ASSETS | $23.9B |
| TOTAL ASSETS | $35.9B |
| Account Payables | $2.3B |
| Short-Term Debt | $111M |
| Deferred Revenue | $2.0B |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $9.3B |
| Long-Term Debt | $7.2B |
| Deferred Revenue NC | $602M |
| Deferred Tax Liabilities | $106M |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $11.1B |
| TOTAL LIABILITIES | $20.3B |
| Common Stock | $208M |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | $8.0B |
| Treasury Stock | -$322M |
| Accum. Other Comp. Income | $1.7B |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $15.5B |
| Minority Interest | $40M |
| TOTAL EQUITY | $15.5B |
| TOTAL LIABILITIES & EQUITY | $35.9B |
| Total Debt | $8.6B |
| Net Debt | $7.2B |
