$2.70B
Revenue
$-450.90M
Net Income
58.32%
Gross Margin
-5.94%
Op. Margin
-
Free Cash Flow
| Breakdown | Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
Q2 2020 (Jun 30, 2020) |
Q1 2020 (Mar 31, 2020) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $590.50M | $728.80M | $663.90M | $713.20M | $663.30M | $814.80M | $768.30M | $917.00M | $904.40M | $1.06B | $998.00M | $606.50M | $957.30M |
| Revenue Growth % (YoY) | -11.0% | -10.6% | -13.6% | -22.2% | -26.7% | -23.4% | -23.0% | 51.2% | -5.5% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $225.00M | $306.90M | $290.00M | $301.90M | $287.40M | $327.40M | $321.30M | $385.00M | $405.40M | $483.00M | $440.00M | $250.50M | $421.00M |
| Gross Profit | $365.50M | $421.90M | $373.90M | $411.30M | $375.90M | $487.40M | $447.00M | $532.00M | $499.00M | $580.40M | $558.00M | $356.00M | $536.30M |
| Gross Margin % | 61.9% | 57.9% | 56.3% | 57.7% | 56.7% | 59.8% | 58.2% | 58.0% | 55.2% | 54.6% | 55.9% | 58.7% | 56.0% |
| Selling General & Admin | $386.80M | $421.30M | $417.50M | $432.70M | $433.90M | $448.30M | $465.90M | $551.10M | $536.10M | $574.50M | $534.20M | $406.10M | $638.10M |
| Operating Income | $-43.80M | $-37.90M | $-49.30M | $-29.20M | $-62.20M | $16.70M | $-18.90M | $-19.10M | $-37.10M | $5.90M | $23.80M | $-50.10M | $-101.80M |
| Operating Margin % | -7.4% | -5.2% | -7.4% | -4.1% | -9.4% | 2.0% | -2.5% | -2.1% | -4.1% | 0.6% | 2.4% | -8.3% | -10.6% |
| Interest Expense | - | - | - | - | - | $-37.20M | $37.30M | $26.40M | $23.60M | $26.20M | $37.40M | $31.70M | $31.80M |
| Interest Income | - | - | - | - | - | - | - | - | $200.00K | $500.00K | $100.00K | $300.00K | $1.20M |
| Other Income/Expense | $1.60M | $-11.00M | $-5.70M | $6.40M | $4.50M | $-2.70M | $700.00K | $4.90M | $-1.30M | $-100.00K | $-1.00M | $-900.00K | $-18.20M |
| Income Before Tax | $-80.50M | $-79.80M | $-87.40M | $-65.70M | $-84.40M | $-11.70M | $-46.10M | $-39.20M | $-61.80M | $-45.70M | $-17.20M | $-82.30M | $-158.40M |
| Income Tax Expense | $12.00M | $14.10M | $22.10M | $-3.60M | $4.80M | $700.00K | $-10.40M | $18.80M | $7.10M | $7.30M | $11.80M | $6.10M | $8.80M |
| Net Income | $-120.00M | $-131.90M | $-124.10M | $-74.90M | $-97.20M | $-24.40M | $-42.50M | $-61.60M | $-63.60M | $-66.20M | $-32.80M | $-92.80M | $-171.00M |
| Net Margin % | -20.3% | -18.1% | -18.7% | -10.5% | -14.7% | -3.0% | -5.5% | -6.7% | -7.0% | -6.2% | -3.3% | -15.3% | -17.9% |
| Breakdown | Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
Q2 2020 (Jun 30, 2020) |
Q1 2020 (Mar 31, 2020) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $244.50M | $367.60M | $216.70M | $156.90M | $208.50M | $251.50M | $225.30M | $254.30M | $239.70M | $364.90M | $321.10M | $285.80M | $294.00M |
| Accounts Receivable | $168.40M | $183.40M | $194.40M | $201.10M | $212.10M | $198.70M | $210.00M | $255.40M | $248.10M | $259.10M | $261.20M | $156.90M | $235.00M |
| Inventory | $351.90M | $332.20M | $390.40M | $408.00M | $421.80M | $384.10M | $424.50M | $495.90M | $467.00M | $459.10M | $461.10M | $436.70M | $415.80M |
| Other Current Assets | $169.20M | $127.90M | $145.10M | $156.50M | $170.60M | $165.60M | $162.90M | $201.60M | $210.50M | $204.20M | $210.20M | $240.50M | $232.00M |
| Total Current Assets | $1.12B | $1.16B | $1.05B | $1.01B | $1.09B | $1.08B | $1.09B | $1.23B | $1.18B | $1.32B | $1.27B | $1.14B | $1.20B |
| Property Plant & Equipment | - | - | - | - | - | - | - | - | - | - | - | - | $433.10M |
| Goodwill | $18.50M | $25.90M | $62.50M | $68.50M | $74.90M | $72.10M | $75.20M | $77.70M | $77.40M | $83.20M | $75.00M | $76.90M | $73.70M |
| Other Non-current Assets | $427.90M | $445.50M | $461.30M | $508.90M | $546.30M | $509.40M | $459.80M | $459.10M | $418.90M | $438.50M | $417.40M | $438.00M | $444.10M |
| Total Assets | $2.07B | $2.16B | $2.09B | $2.22B | $2.37B | $2.31B | $2.27B | $2.44B | $2.35B | $2.56B | $2.45B | $2.37B | $2.45B |
| Accounts Payable | $433.10M | $461.50M | $442.30M | $457.90M | $496.70M | $522.80M | $486.20M | $606.00M | $623.90M | $709.40M | $660.90M | $538.80M | $593.00M |
| Short-term Debt | $45.40M | $5.70M | $116.00M | $31.70M | $561.40M | $32.60M | $35.50M | $59.80M | $38.00M | $28.00M | $30.20M | $28.20M | $3.50M |
| Total Current Liabilities | $1.58B | $1.54B | $1.31B | $1.21B | $1.99B | $1.42B | $1.16B | $1.58B | $2.23B | $2.29B | $1.36B | $1.19B | $1.17B |
| Long-term Debt | $214.90M | $214.80M | $214.70M | $214.80M | $214.90M | $676.00M | $675.80M | $676.40M | $676.20M | $675.40M | $1.57B | $1.59B | $1.59B |
| Other Non-current Liabilities | $53.60M | $58.20M | $63.10M | $77.80M | $81.10M | $75.10M | $83.80M | $80.20M | $93.90M | $106.00M | $96.70M | $86.50M | $85.10M |
| Total Liabilities | $3.44B | $3.40B | $3.14B | $3.18B | $3.26B | $3.16B | $3.17B | $3.44B | $3.32B | $3.43B | $3.38B | $3.25B | $3.23B |
| Common Stock | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Retained Earnings | $-952.30M | $-832.30M | $-700.40M | $-576.30M | $-501.40M | $-404.20M | $-379.80M | $-485.70M | $-424.10M | $-360.50M | $-294.30M | $-262.90M | $-170.10M |
| Treasury Stock | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Stockholders Equity | $-1.37B | $-1.24B | $-1.05B | $-959.40M | $-901.00M | $-858.50M | $-901.20M | $-1.00B | $-977.80M | $-871.50M | $-933.50M | $-884.50M | $-791.00M |
| Total Liabilities & Equity | $2.07B | $2.16B | $2.09B | $2.22B | $2.37B | $2.31B | $2.27B | $2.44B | $2.35B | $2.56B | $2.45B | $2.37B | $2.45B |
| Breakdown | Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
Q2 2020 (Jun 30, 2020) |
Q1 2020 (Mar 31, 2020) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-120.00M | $-131.90M | $-296.20M | $-74.90M | $-97.20M | $-24.40M | $-42.50M | $-125.20M | $-63.60M | $-66.20M | $-32.80M | $-92.80M | $-171.00M |
| Stock-based Compensation | $4.20M | $3.50M | $5.00M | $3.00M | $2.40M | $-800.00K | $7.70M | $3.30M | $600.00K | $4.60M | $21.80M | $18.60M | $16.90M |
| Deferred Income Tax | $5.00M | $5.60M | $3.30M | $-13.80M | $-2.50M | $-9.70M | $-10.50M | $5.40M | $-1.60M | $-22.20M | $21.80M | $14.90M | $8.00M |
| Change in Receivables | $-4.70M | $-500.00K | $57.40M | $39.10M | $20.60M | $8.90M | $51.20M | $33.50M | $18.40M | $-2.50M | $84.00M | $-36.80M | $18.30M |
| Change in Inventory | $21.00M | $-67.10M | $51.50M | $40.50M | $33.10M | $-23.40M | $76.40M | $49.60M | $29.50M | $-18.20M | $84.10M | $52.60M | $32.80M |
| Capital Expenditure | $15.70M | $13.00M | $40.50M | $28.90M | $13.60M | $20.10M | $48.20M | $31.40M | $13.80M | $14.60M | $30.00M | $21.10M | $7.30M |
| Investing Cash Flow | $-15.40M | $-1.70M | $-37.10M | $-25.40M | $-10.90M | $-16.10M | $-32.00M | $-29.80M | $-12.70M | $-4.00M | $-16.50M | $-9.60M | $-4.90M |
| Stock Repurchased | - | - | - | - | - | - | - | - | - | - | $400.00K | $400.00K | - |
| Dividends Paid | - | - | - | - | - | - | - | - | - | - | $8.60M | $8.60M | $8.60M |
| Financing Cash Flow | $55.80M | $92.50M | $250.10M | $175.20M | $138.80M | $16.50M | $206.10M | $145.90M | $67.00M | $13.20M | $25.90M | $-4.90M | $-33.20M |
| Net Change in Cash | $-123.10M | $151.20M | $-34.80M | $-94.60M | $-43.00M | $26.20M | $-148.10M | $-119.10M | $-133.70M | $44.60M | $-332.30M | $-364.50M | $-359.70M |
SEC Filing Format - Data shown as it appears in the Q1 2023 (10-Q) filing
Period ended: Mar 31, 2023
Condensed Consolidated Statements of Operations
| Description | Mar 31, 2023 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $590.50M | $663.30M |
| Cost of Revenue | $225.00M | $287.40M |
| Selling General & Admin | $386.80M | $433.90M |
| Operating Income | $-43.80M | $-62.20M |
| Other Income/Expense | $1.60M | $4.50M |
| Income Before Tax | $-80.50M | $-84.40M |
| Income Tax Expense | $12.00M | $4.80M |
| Net Income | $-120.00M | $-97.20M |
Condensed Consolidated Balance Sheets
| Description | Mar 31, 2023 | Dec 31, 2022 |
|---|---|---|
| Cash & Cash Equivalents | $244.50M | $367.60M |
| Accounts Receivable | $168.40M | $183.40M |
| Inventory | $351.90M | $332.20M |
| Other Current Assets | $169.20M | $127.90M |
| Total Current Assets | $1.12B | $1.16B |
| Goodwill | $18.50M | $25.90M |
| Other Non-current Assets | $427.90M | $445.50M |
| Total Assets | $2.07B | $2.16B |
| Accounts Payable | $433.10M | $461.50M |
| Short-term Debt | $45.40M | $5.70M |
| Total Current Liabilities | $1.58B | $1.54B |
| Long-term Debt | $214.90M | $214.80M |
| Other Non-current Liabilities | $53.60M | $58.20M |
| Total Liabilities | $3.44B | $3.40B |
| Common Stock | - | - |
| Retained Earnings | $-952.30M | $-832.30M |
| Total Stockholders Equity | $-1.37B | $-1.24B |
| Total Liabilities & Equity | $2.07B | $2.16B |
Condensed Consolidated Statements of Cash Flows
| Description | Mar 31, 2023 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $-120.00M | $-97.20M |
| Stock-based Compensation | $4.20M | $2.40M |
| Deferred Income Tax | $5.00M | $-2.50M |
| Change in Receivables | $-4.70M | $20.60M |
| Change in Inventory | $21.00M | $33.10M |
| Capital Expenditure | $15.70M | $13.60M |
| Investing Cash Flow | $-15.40M | $-10.90M |
| Financing Cash Flow | $55.80M | $138.80M |
| Net Change in Cash | $-123.10M | $-43.00M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.