| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $435M | $589M | $213M | -26.1% | 104.5% |
| Op. Income | -$196M | -$255M | -$293M | 23.0% | 32.9% |
| Gross Margin | 0.9% | 10.3% | -16.3% | -9.4pp | 17.3pp |
| Net Margin | 68.8% | -38.7% | -142.1% | 107.5pp | 210.8pp |
| EPS (Diluted) | $4.20 | $-3.30 | $-4.20 | 227.3% | 200.0% |
| Free Cash Flow | -$760M | -$660M | -$56M | -15.1% | -1268.6% |
| Item | Amount |
|---|---|
| REVENUE | $435M |
| Cost of Revenue | $431M |
| GROSS PROFIT | $4M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $179M |
| SG&A Expenses | $179M |
| Other Expenses | -$3M |
| Operating Expenses | $200M |
| Cost & Expenses | $632M |
| OPERATING INCOME | -$196M |
| Interest Income | $711.0K |
| Interest Expense | $61M |
| Other Income/Expenses | $501M |
| INCOME BEFORE TAX | $305M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $299M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $299M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $299M |
| D&A | $69M |
| EBIT | $365M |
| EBITDA | $435M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $299M |
| Depreciation & Amortization | $69M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$491M |
| Change in Working Capital | -$505M |
| OPERATING CASH FLOW | -$621M |
| Capital Expenditure | -$138M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$133M |
| NET CASH FROM INVESTING | -$138M |
| Net Debt Issuance | $389M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $97.0K |
| NET CASH FROM FINANCING | $391M |
| FREE CASH FLOW | -$760M |
| Net Change in Cash | -$393M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $988M |
| Short-Term Investments | $0 |
| Net Receivables | $229M |
| Inventory | $687M |
| Other Current Assets | $97M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $345M |
| Goodwill | $44M |
| Intangible Assets | $1.3B |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $883M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $93M |
| Other Current Liabilities | $457M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $463.0K |
| Other Non-Current Liabilities | $602M |
| TOTAL NON-CURRENT LIABILITIES | $700M |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $21M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | -$3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $137M |
| Minority Interest | $0 |
| TOTAL EQUITY | $137M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $1.3B |
| Net Debt | $276M |
