| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $130M | $183M | $325M | -28.9% | -60.0% |
| Op. Income | -$66M | $109M | $206M | -160.4% | -132.0% |
| Gross Margin | -9.3% | 80.1% | 89.8% | -89.3pp | -99.1pp |
| Net Margin | -39.7% | 46.2% | 62.0% | -85.9pp | -101.7pp |
| EPS (Diluted) | $-0.75 | $1.82 | $4.00 | -141.0% | -118.7% |
| Free Cash Flow | -$73M | -$112M | $20M | 34.6% | -464.3% |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $142M |
| GROSS PROFIT | -$12M |
| R&D Expenses | $35M |
| Selling & Marketing | $12M |
| General & Administrative | $13M |
| SG&A Expenses | $25M |
| Other Expenses | -$6M |
| Operating Expenses | $54M |
| Cost & Expenses | $196M |
| OPERATING INCOME | -$66M |
| Interest Income | $235.0K |
| Interest Expense | $7M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | -$56M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $6M |
| EBIT | -$49M |
| EBITDA | -$43M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | -$37M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $66M |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | -$65M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $9.4K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $236.2K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $366.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $109M |
| FREE CASH FLOW | -$73M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $338M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $41M |
| Other Current Assets | $89M |
| TOTAL CURRENT ASSETS | $497M |
| PP&E (Net) | $180M |
| Goodwill | $0 |
| Intangible Assets | $34M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $230M |
| TOTAL ASSETS | $726M |
| Account Payables | $17M |
| Short-Term Debt | $14M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $215M |
| TOTAL CURRENT LIABILITIES | $324M |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $811.4K |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $469M |
| Common Stock | $24M |
| Additional Paid-In Capital | $695M |
| Retained Earnings | -$526M |
| Treasury Stock | -$754.1K |
| Accum. Other Comp. Income | $65M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $257M |
| Minority Interest | $0 |
| TOTAL EQUITY | $257M |
| TOTAL LIABILITIES & EQUITY | $726M |
| Total Debt | $178M |
| Net Debt | -$160M |
