| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $274M | $194M | $265M | 41.2% | 3.4% |
| Op. Income | $2M | -$174M | $53M | 101.3% | -95.6% |
| Gross Margin | 57.8% | 24.6% | 73.1% | 33.1pp | -15.3pp |
| Net Margin | -2.6% | -70.8% | 13.3% | 68.3pp | -15.8pp |
| EPS (Diluted) | $-0.04 | $-0.84 | $0.21 | 95.3% | -118.7% |
| Free Cash Flow | $12M | -$229M | $39M | 105.4% | -68.2% |
| Item | Amount |
|---|---|
| REVENUE | $274M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $159M |
| R&D Expenses | $6M |
| Selling & Marketing | $125M |
| General & Administrative | $25M |
| SG&A Expenses | $150M |
| Other Expenses | $0 |
| Operating Expenses | $156M |
| Cost & Expenses | $272M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $7M |
| EBIT | $2M |
| EBITDA | $9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $199M |
| Short-Term Investments | $0 |
| Net Receivables | $246M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $458M |
| PP&E (Net) | $75M |
| Goodwill | $74M |
| Intangible Assets | $52M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $777M |
| TOTAL NON-CURRENT ASSETS | $977M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $27M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $699M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $77M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $815M |
| TOTAL LIABILITIES | $939M |
| Common Stock | $2M |
| Additional Paid-In Capital | $554M |
| Retained Earnings | -$69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $497M |
| Minority Interest | $0 |
| TOTAL EQUITY | $497M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $747M |
| Net Debt | $548M |
