| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $370M | $341M | $308M | 8.5% | 20.1% |
| Op. Income | $24M | $3M | $50M | 710.3% | -52.7% |
| Gross Margin | 58.8% | 55.3% | 69.3% | 3.5pp | -10.5pp |
| Net Margin | 4.6% | -1.5% | 9.5% | 6.1pp | -4.9pp |
| EPS (Diluted) | $0.24 | $-0.07 | $0.42 | 420.4% | -42.9% |
| Free Cash Flow | -$38M | $23M | -$62M | -265.4% | 39.6% |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $152M |
| GROSS PROFIT | $217M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $144M |
| Other Expenses | $0 |
| Operating Expenses | $194M |
| Cost & Expenses | $346M |
| OPERATING INCOME | $24M |
| Interest Income | $7M |
| Interest Expense | $9M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $16M |
| EBIT | $30M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $152M |
| GROSS PROFIT | $217M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $144M |
| Other Expenses | $0 |
| Operating Expenses | $194M |
| Cost & Expenses | $346M |
| OPERATING INCOME | $24M |
| Interest Income | $7M |
| Interest Expense | $9M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $16M |
| EBIT | $30M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$88M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $624M |
| Short-Term Investments | $51M |
| Net Receivables | $206M |
| Inventory | $347M |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $626M |
| Goodwill | $52M |
| Intangible Assets | $76M |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $184M |
| TOTAL NON-CURRENT ASSETS | $952M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $31M |
| Short-Term Debt | $31M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $191M |
| TOTAL CURRENT LIABILITIES | $365M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$584M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $476M |
| Minority Interest | $0 |
| TOTAL EQUITY | $476M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.4B |
| Net Debt | $809M |
