| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.3B | -2.4% | 8.5% |
| Op. Income | -$18M | -$15M | $130M | -19.0% | -113.5% |
| Gross Margin | 9.5% | 9.7% | 21.1% | -0.2pp | -11.5pp |
| Net Margin | -0.8% | -0.8% | 7.9% | -0.0pp | -8.7pp |
| EPS (Diluted) | $-0.34 | $-0.33 | $2.90 | -3.0% | -111.7% |
| Free Cash Flow | $15M | $195M | $195M | -92.5% | -92.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $155M |
| Operating Expenses | $155M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | -$18M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $2M |
| EBIT | -$9M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$283M |
| Sales/Maturities of Investments | $180M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$107M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$29M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$124M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $182M |
| Short-Term Investments | $7.7B |
| Net Receivables | $3.6B |
| Inventory | $0 |
| Other Current Assets | -$11.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $179M |
| Intangible Assets | $0 |
| Long-Term Investments | $7.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$8.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $14.1B |
| Account Payables | $76M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$695M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $783M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$783M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $3.0B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$608M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $783M |
| Net Debt | $601M |
