| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | — | $91M | — | -33.8% |
| Op. Income | -$158M | — | -$20M | — | -676.8% |
| Gross Margin | 5.2% | — | 60.5% | — | -55.3pp |
| Net Margin | -259.0% | — | -21.4% | — | -237.6pp |
| EPS (Diluted) | $-1.00 | — | $-0.18 | — | -455.6% |
| Free Cash Flow | -$27M | — | -$265M | — | 89.8% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $131M |
| Operating Expenses | $161M |
| Cost & Expenses | $218M |
| OPERATING INCOME | -$158M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$603.0K |
| INCOME BEFORE TAX | -$159M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$156M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$156M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$156M |
| D&A | $56M |
| EBIT | -$67M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$156M |
| Depreciation & Amortization | $56M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $80M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $704.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $966.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$265.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$185.0K |
| NET CASH FROM FINANCING | -$450.0K |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $230M |
| Short-Term Investments | $109M |
| Net Receivables | $47M |
| Inventory | $0 |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $443M |
| PP&E (Net) | $714M |
| Goodwill | $0 |
| Intangible Assets | $21M |
| Long-Term Investments | $97M |
| Tax Assets | $0 |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $877M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $18M |
| Short-Term Debt | $2M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $169M |
| Common Stock | $1.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$756M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $22M |
| Net Debt | -$208M |
