| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | — | $1.8B | — | -0.3% |
| Op. Income | $66M | — | $61M | — | 8.2% |
| Gross Margin | 31.0% | — | 32.4% | — | -1.4pp |
| Net Margin | -21.9% | — | 5.1% | — | -27.0pp |
| EPS (Diluted) | $-2.46 | — | $0.48 | — | -612.5% |
| Free Cash Flow | -$18M | — | $81M | — | -122.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $543M |
| R&D Expenses | $59M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $418M |
| Other Expenses | $0 |
| Operating Expenses | $477M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $66M |
| Interest Income | $4M |
| Interest Expense | $21M |
| Other Income/Expenses | -$445M |
| INCOME BEFORE TAX | -$379M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$382M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$383M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$387M |
| D&A | $65M |
| EBIT | -$359M |
| EBITDA | -$294M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$382M |
| Depreciation & Amortization | $65M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $375M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$126M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$43M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$168M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$226M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $963M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $777M |
| Other Current Assets | $234M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $746M |
| Goodwill | $2.8B |
| Intangible Assets | $216M |
| Long-Term Investments | $1.9B |
| Tax Assets | $496M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $11.4B |
| Account Payables | $1.2B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $739M |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $7.9B |
| Common Stock | $156M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $5.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $21M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $11.4B |
| Total Debt | $4.0B |
| Net Debt | $3.0B |
