| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.4B | $1.4B | 27.0% | 25.7% |
| Op. Income | -$189M | -$346M | $14M | 45.4% | -1410.4% |
| Gross Margin | 46.0% | 48.5% | 50.2% | -2.4pp | -4.2pp |
| Net Margin | -35.9% | -11.6% | -26.9% | -24.3pp | -9.0pp |
| EPS (Diluted) | $-0.49 | $-0.12 | $-0.30 | -308.3% | -63.3% |
| Free Cash Flow | $248M | -$148M | $234M | 267.4% | 5.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $936M |
| GROSS PROFIT | $799M |
| R&D Expenses | $441M |
| Selling & Marketing | $298M |
| General & Administrative | $215M |
| SG&A Expenses | $512M |
| Other Expenses | $34M |
| Operating Expenses | $987M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | -$189M |
| Interest Income | $40M |
| Interest Expense | $880.3K |
| Other Income/Expenses | -$426M |
| INCOME BEFORE TAX | -$615M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | -$624M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$624M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$624M |
| D&A | $30M |
| EBIT | -$614M |
| EBITDA | -$584M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$624M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $142M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $531M |
| Change in Working Capital | $182M |
| OPERATING CASH FLOW | $255M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$159M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $248M |
| Net Change in Cash | $271M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $3.4B |
| Net Receivables | $857M |
| Inventory | $0 |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $486M |
| Goodwill | $1.8B |
| Intangible Assets | $390M |
| Long-Term Investments | $2.0B |
| Tax Assets | $41M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $10.8B |
| Account Payables | $364M |
| Short-Term Debt | $0 |
| Deferred Revenue | $296M |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $856M |
| Long-Term Debt | $913M |
| Deferred Revenue NC | $268M |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $8.7B |
| Additional Paid-In Capital | $30M |
| Retained Earnings | -$522M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.2B |
| TOTAL LIABILITIES & EQUITY | $10.8B |
| Total Debt | $1.4B |
| Net Debt | -$253M |
