| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $193M | $199M | $189M | -2.8% | 2.2% |
| Op. Income | -$23M | -$71M | -$52M | 67.7% | 55.5% |
| Gross Margin | 26.2% | 21.1% | 36.3% | 5.1pp | -10.1pp |
| Net Margin | 28.4% | -0.1% | -173.1% | 28.6pp | 201.6pp |
| EPS (Diluted) | $1.14 | $-0.01 | $-17.27 | 22452.6% | 106.6% |
| Free Cash Flow | -$62M | -$31M | — | -102.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $142M |
| GROSS PROFIT | $51M |
| R&D Expenses | $208.5K |
| Selling & Marketing | $21M |
| General & Administrative | $55M |
| SG&A Expenses | $76M |
| Other Expenses | -$2M |
| Operating Expenses | $74M |
| Cost & Expenses | $216M |
| OPERATING INCOME | -$23M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $87M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $47M |
| EBIT | $67M |
| EBITDA | $114M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$113M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | -$57M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$62M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $355M |
| Short-Term Investments | $0 |
| Net Receivables | $116M |
| Inventory | $348M |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $886M |
| PP&E (Net) | $791M |
| Goodwill | $3.6B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $176M |
| Tax Assets | $0 |
| Other Non-Current Assets | $399.7K |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $7.4B |
| Account Payables | $89M |
| Short-Term Debt | $120M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $133M |
| TOTAL CURRENT LIABILITIES | $359M |
| Long-Term Debt | $792M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $302M |
| Other Non-Current Liabilities | $371.7K |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $61.1K |
| Additional Paid-In Capital | $6.5B |
| Retained Earnings | -$617M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $43M |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $933M |
| Net Debt | $577M |
