| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $543M | $615M | $614M | -11.7% | -11.6% |
| Op. Income | -$97M | $105M | $410M | -192.2% | -123.5% |
| Gross Margin | 8.0% | 41.8% | 87.7% | -33.8pp | -79.6pp |
| Net Margin | -14.2% | 12.2% | 49.9% | -26.4pp | -64.1pp |
| EPS (Diluted) | $-0.33 | $0.30 | $1.05 | -210.0% | -131.4% |
| Free Cash Flow | -$875.0K | $3M | $46M | -126.0% | -101.9% |
| Item | Amount |
|---|---|
| REVENUE | $543M |
| Cost of Revenue | $499M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $77M |
| SG&A Expenses | $77M |
| Other Expenses | $63M |
| Operating Expenses | $140M |
| Cost & Expenses | $639M |
| OPERATING INCOME | -$97M |
| Interest Income | $584M |
| Interest Expense | $202M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$97M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | -$77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$81M |
| D&A | $7M |
| EBIT | -$97M |
| EBITDA | -$90M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$77M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$269M |
| Other Non-Cash Items | $362M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | -$875.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $147M |
| Other Investing Activities | -$84M |
| NET CASH FROM INVESTING | $63M |
| Net Debt Issuance | -$290M |
| Common Stock Repurchased | -$158M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $163M |
| NET CASH FROM FINANCING | -$314M |
| FREE CASH FLOW | -$875.0K |
| Net Change in Cash | -$252M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.6B |
| Short-Term Investments | $2.3B |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.5B |
| PP&E (Net) | $141M |
| Goodwill | $51M |
| Intangible Assets | $68M |
| Long-Term Investments | $19.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $258M |
| TOTAL NON-CURRENT ASSETS | $20.3B |
| TOTAL ASSETS | $28.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.4B |
| TOTAL CURRENT LIABILITIES | $21.4B |
| Long-Term Debt | $5.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $401M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $27.1B |
| Common Stock | $87M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $3.2B |
| Treasury Stock | -$2.8B |
| Accum. Other Comp. Income | -$94M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $28.8B |
| Total Debt | $5.2B |
| Net Debt | $619M |
