| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $183M | $83M | $26M | 119.5% | 601.1% |
| Op. Income | $109M | -$154M | -$177M | 170.7% | 161.6% |
| Gross Margin | 80.1% | -120.8% | -458.5% | 200.9pp | 538.6pp |
| Net Margin | 46.2% | -203.8% | -713.9% | 250.0pp | 760.1pp |
| EPS (Diluted) | $1.82 | $-3.69 | $-3.74 | 149.4% | 148.8% |
| Free Cash Flow | -$112M | -$93M | -$91M | -19.8% | -23.2% |
| Item | Amount |
|---|---|
| REVENUE | $183M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $147M |
| R&D Expenses | $27M |
| Selling & Marketing | $6M |
| General & Administrative | $8M |
| SG&A Expenses | $15M |
| Other Expenses | -$4M |
| Operating Expenses | $38M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $109M |
| Interest Income | $28.1K |
| Interest Expense | $6M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | -$126.3K |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $5M |
| EBIT | $91M |
| EBITDA | $96M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $183M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $147M |
| R&D Expenses | $27M |
| Selling & Marketing | $6M |
| General & Administrative | $8M |
| SG&A Expenses | $15M |
| Other Expenses | -$4M |
| Operating Expenses | $38M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $109M |
| Interest Income | $28.1K |
| Interest Expense | $6M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | -$126.3K |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $5M |
| EBIT | $91M |
| EBITDA | $96M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$38M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$203M |
| OPERATING CASH FLOW | -$104M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $28.1K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$112M |
| Net Change in Cash | -$88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $305M |
| Short-Term Investments | $0 |
| Net Receivables | $67M |
| Inventory | $113M |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $557M |
| PP&E (Net) | $200M |
| Goodwill | $0 |
| Intangible Assets | $35M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $259M |
| TOTAL ASSETS | $816M |
| Account Payables | $88M |
| Short-Term Debt | $15M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $305M |
| TOTAL CURRENT LIABILITIES | $438M |
| Long-Term Debt | $109M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $186M |
| TOTAL LIABILITIES | $623M |
| Common Stock | $21M |
| Additional Paid-In Capital | $587M |
| Retained Earnings | -$475M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $193M |
| Minority Interest | $0 |
| TOTAL EQUITY | $193M |
| TOTAL LIABILITIES & EQUITY | $816M |
| Total Debt | $189M |
| Net Debt | -$116M |
