| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | — | — | — | — |
| Op. Income | -$43M | — | — | — | — |
| Gross Margin | 1.8% | — | — | — | — |
| Net Margin | -2.2% | — | — | — | — |
| EPS (Diluted) | $-1.50 | — | — | — | — |
| Free Cash Flow | $103M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $5.5B |
| GROSS PROFIT | $103M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $51M |
| SG&A Expenses | $51M |
| Other Expenses | $95M |
| Operating Expenses | $146M |
| Cost & Expenses | $5.7B |
| OPERATING INCOME | -$43M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | -$97M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | -$106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$20M |
| NET INCOME | -$126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$126M |
| D&A | $42M |
| EBIT | -$47M |
| EBITDA | -$5M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$126M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $251M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $186M |
| Capital Expenditure | -$83M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$77M |
| Net Debt Issuance | -$236M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$100M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$336M |
| FREE CASH FLOW | $103M |
| Net Change in Cash | -$227M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $876M |
| Inventory | $889M |
| Other Current Assets | $133M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $2.3B |
| Goodwill | $1.6B |
| Intangible Assets | $544M |
| Long-Term Investments | $124M |
| Tax Assets | $24M |
| Other Non-Current Assets | $290M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $998M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $133M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $102M |
| Deferred Tax Liabilities | $190M |
| Other Non-Current Liabilities | $116M |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $978M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $978M |
| Minority Interest | $0 |
| TOTAL EQUITY | $978M |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $4.1B |
| Net Debt | $4.1B |
