$2.70B
Revenue
$-450.90M
Net Income
58.32%
Gross Margin
-5.94%
Op. Margin
-
Free Cash Flow
| Breakdown | TTM (Mar 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
|---|---|---|---|---|---|---|
| Total Revenue | $2.70B | $2.77B | $3.40B | $3.63B | $4.76B | $5.57B |
| Revenue Growth % | -2.6% | -18.7% | -6.1% | -23.9% | -14.5% | nan% |
| Cost of Revenue | $1.12B | $1.19B | $1.44B | $1.59B | $2.01B | $2.36B |
| Gross Profit | $1.57B | $1.58B | $1.97B | $2.03B | $2.75B | $3.21B |
| Gross Margin % | 58.3% | 57.2% | 57.7% | 56.0% | 57.8% | 57.6% |
| Selling General & Admin | $1.66B | $1.71B | $2.00B | $2.15B | $2.63B | $2.97B |
| Operating Income | $-160.20M | $-178.60M | $-58.40M | $-122.20M | $125.60M | $235.20M |
| Operating Margin % | -5.9% | -6.4% | -1.7% | -3.4% | 2.6% | 4.2% |
| Interest Expense | - | $39.10M | $50.10M | $127.10M | $127.60M | $134.60M |
| Interest Income | - | - | $2.20M | $2.10M | $7.70M | $15.30M |
| Other Income/Expense | $-8.70M | $-5.80M | $1.60M | $-20.20M | $94.20M | $-7.10M |
| Income Before Tax | $-313.40M | $-317.30M | $-158.80M | $-303.60M | $138.40M | $108.10M |
| Income Tax Expense | $44.60M | $37.40M | $16.20M | $34.00M | $103.10M | $129.90M |
| Net Income | $-450.90M | $-428.10M | $-192.10M | $-362.80M | $-300.00K | $-19.50M |
| Net Margin % | -16.7% | -15.5% | -5.6% | -10.0% | -0.0% | -0.4% |
| Basic EPS | nan | nan | nan | nan | nan | -0.10 |
| Diluted EPS | nan | nan | nan | nan | nan | -0.10 |
| Basic Shares Outstanding | - | - | - | - | - | 441.9M |
| Diluted Shares Outstanding | - | - | - | - | - | 441.9M |
| Breakdown | FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $367.60M | $251.50M | $364.90M | $650.60M | $532.70M |
| Accounts Receivable | $183.40M | $198.70M | $259.10M | $280.20M | $349.70M |
| Inventory | $332.20M | $384.10M | $459.10M | $452.30M | $542.00M |
| Other Current Assets | $127.90M | $165.60M | $204.20M | $252.10M | $272.00M |
| Total Current Assets | $1.16B | $1.08B | $1.32B | $1.66B | $1.76B |
| Property Plant & Equipment | - | - | - | $475.10M | $557.60M |
| Goodwill | $25.90M | $72.10M | $83.20M | $86.20M | $87.40M |
| Other Non-current Assets | $445.50M | $509.40M | $438.50M | $527.70M | $603.00M |
| Total Assets | $2.16B | $2.31B | $2.56B | $3.09B | $3.01B |
| Accounts Payable | $461.50M | $522.80M | $709.40M | $723.30M | $816.50M |
| Short-term Debt | $5.70M | $32.60M | $28.00M | $1.80M | $12.00M |
| Total Current Liabilities | $1.54B | $1.42B | $2.29B | $1.40B | $1.50B |
| Long-term Debt | $214.80M | $676.00M | $675.40M | $1.59B | $1.58B |
| Other Non-current Liabilities | $58.20M | $75.10M | $106.00M | $90.50M | $72.10M |
| Total Liabilities | $3.40B | $3.16B | $3.43B | $3.49B | $3.41B |
| Common Stock | - | - | - | $192.60M | $190.30M |
| Retained Earnings | $-832.30M | $-404.20M | $-360.50M | $2.14B | $2.23B |
| Treasury Stock | - | - | - | $4.60B | $4.60B |
| Total Stockholders Equity | $-1.24B | $-858.50M | $-871.50M | $-990.60M | $-904.50M |
| Total Liabilities & Equity | $2.16B | $2.31B | $2.56B | $3.09B | $3.01B |
| Breakdown | TTM (Mar 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
|---|---|---|---|---|---|---|
| Net Income | $-623.00M | $-428.10M | $-192.10M | $-362.80M | $-300.00K | $-19.50M |
| Stock-based Compensation | $15.70M | $8.50M | $6.90M | $26.40M | $15.60M | $13.80M |
| Deferred Income Tax | $100.00K | $8.90M | $-20.20M | $-400.00K | $37.50M | $-49.00M |
| Change in Receivables | $91.30M | $56.90M | $60.10M | $81.50M | $55.20M | $102.80M |
| Change in Inventory | $45.90M | $-15.60M | $53.00M | $65.90M | $-56.00M | $99.60M |
| Capital Expenditure | $98.10M | $53.50M | $68.30M | $44.60M | $58.50M | $94.90M |
| Investing Cash Flow | $-79.60M | $-38.80M | $-48.10M | $-20.50M | $50.20M | $-93.40M |
| Stock Repurchased | - | - | - | $400.00K | $9.60M | $3.20M |
| Dividends Paid | - | - | - | $8.60M | - | - |
| Financing Cash Flow | $573.60M | $342.60M | $222.60M | $39.10M | $38.50M | $-306.90M |
| Net Change in Cash | $-101.30M | $116.40M | $-121.90M | $-287.70M | $124.70M | $-345.10M |
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-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.