| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $494M | $1.2B | $738M | -58.4% | -33.1% |
| Op. Income | -$224M | -$563M | -$37M | 60.2% | -501.9% |
| Gross Margin | -14.3% | 19.9% | 17.1% | -34.3pp | -31.4pp |
| Net Margin | -44.6% | -37.4% | -6.5% | -7.1pp | -38.1pp |
| EPS (Diluted) | $-3.97 | $-8.01 | $-0.84 | 50.4% | -372.6% |
| Free Cash Flow | $536M | $430M | $450M | 24.7% | 19.2% |
| Item | Amount |
|---|---|
| REVENUE | $494M |
| Cost of Revenue | $565M |
| GROSS PROFIT | -$71M |
| R&D Expenses | $10M |
| Selling & Marketing | $23M |
| General & Administrative | $79M |
| SG&A Expenses | $101M |
| Other Expenses | $42M |
| Operating Expenses | $153M |
| Cost & Expenses | $718M |
| OPERATING INCOME | -$224M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | -$272M |
| Income Tax Expense | -$52M |
| Net Income from Continuing Ops | -$220M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$220M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$220M |
| D&A | $26M |
| EBIT | -$237M |
| EBITDA | -$210M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$220M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | $40M |
| Change in Working Capital | $719M |
| OPERATING CASH FLOW | $551M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$237M |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $328M |
| NET CASH FROM INVESTING | $51M |
| Net Debt Issuance | -$507M |
| Common Stock Repurchased | -$200.0K |
| Common Dividends Paid | -$37M |
| Other Financing Activities | $800.0K |
| NET CASH FROM FINANCING | -$543M |
| FREE CASH FLOW | $536M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $0 |
| Net Receivables | $299M |
| Inventory | $1.3B |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $895M |
| Goodwill | $254M |
| Intangible Assets | $580M |
| Long-Term Investments | $311M |
| Tax Assets | $144M |
| Other Non-Current Assets | $132M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $423M |
| Short-Term Debt | $144M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $142M |
| TOTAL CURRENT LIABILITIES | $964M |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $127M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $364M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.0B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$145M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $148M |
| Minority Interest | $0 |
| TOTAL EQUITY | $148M |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $3.3B |
| Net Debt | $3.2B |
