| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $170M | $122M | $185M | 40.3% | -7.9% |
| Op. Income | -$489M | -$375M | -$498M | -30.5% | 1.8% |
| Gross Margin | -82.6% | -108.2% | -57.0% | 25.6pp | -25.6pp |
| Net Margin | -342.3% | -352.2% | -292.8% | 9.8pp | -49.5pp |
| EPS (Diluted) | $-0.25 | $-0.18 | $-0.23 | -36.4% | -7.6% |
| Free Cash Flow | -$577M | -$653M | -$312M | 11.6% | -84.8% |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $311M |
| GROSS PROFIT | -$141M |
| R&D Expenses | $225M |
| Selling & Marketing | $71M |
| General & Administrative | $77M |
| SG&A Expenses | $148M |
| Other Expenses | -$25M |
| Operating Expenses | $349M |
| Cost & Expenses | $660M |
| OPERATING INCOME | -$489M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$98M |
| INCOME BEFORE TAX | -$587M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$585M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$584M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$584M |
| D&A | $46M |
| EBIT | -$454M |
| EBITDA | -$408M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$585M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $101M |
| Change in Working Capital | $53M |
| OPERATING CASH FLOW | -$386M |
| Capital Expenditure | -$191M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$188M |
| Net Debt Issuance | $657M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | $668M |
| FREE CASH FLOW | -$577M |
| Net Change in Cash | $92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $163M |
| Short-Term Investments | $149.0K |
| Net Receivables | $26M |
| Inventory | $825M |
| Other Current Assets | $343M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $2.4B |
| Goodwill | $10M |
| Intangible Assets | $56M |
| Long-Term Investments | $27M |
| Tax Assets | $30M |
| Other Non-Current Assets | $146M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $635M |
| Short-Term Debt | $584M |
| Deferred Revenue | $64M |
| Other Current Liabilities | $316M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $33M |
| Additional Paid-In Capital | $470M |
| Retained Earnings | -$4.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4.4B |
| Minority Interest | $3.0B |
| TOTAL EQUITY | -$1.4B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $2.6B |
| Net Debt | $2.5B |
