| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $681M | $789M | $777M | -13.7% | -12.3% |
| Op. Income | -$35M | $76M | $33M | -146.4% | -206.4% |
| Gross Margin | 9.3% | 17.6% | 13.8% | -8.4pp | -4.5pp |
| Net Margin | -6.9% | 6.1% | 0.6% | -13.0pp | -7.5pp |
| EPS (Diluted) | $-0.93 | $0.96 | $0.09 | -196.9% | -1191.5% |
| Free Cash Flow | $25M | -$95M | -$202M | 126.7% | 112.6% |
| Item | Amount |
|---|---|
| REVENUE | $681M |
| Cost of Revenue | $618M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $98M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $716M |
| OPERATING INCOME | -$35M |
| Interest Income | $8M |
| Interest Expense | $35M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | -$62M |
| Income Tax Expense | -$15M |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $97M |
| EBIT | -$27M |
| EBITDA | $70M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$47M |
| Depreciation & Amortization | $97M |
| Stock-Based Compensation | -$2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $131M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $137M |
| Capital Expenditure | -$111M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $71M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$32M |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$229.0K |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $944M |
| Net Receivables | $110M |
| Inventory | $123M |
| Other Current Assets | $90M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $5.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $37M |
| Tax Assets | $443M |
| Other Non-Current Assets | $306M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $422M |
| Short-Term Debt | $510M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $140M |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $734M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.2B |
| Treasury Stock | -$620M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $3.5B |
| Net Debt | $3.4B |
