$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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $590.50M | $728.80M | $663.90M | $713.20M | $663.30M | $814.80M | $768.30M |
| Revenue Growth % (YoY) | -11.0% | -10.6% | -13.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $225.00M | $306.90M | $290.00M | $301.90M | $287.40M | $327.40M | $321.30M |
| Gross Profit | $365.50M | $421.90M | $373.90M | $411.30M | $375.90M | $487.40M | $447.00M |
| Gross Margin % | 61.9% | 57.9% | 56.3% | 57.7% | 56.7% | 59.8% | 58.2% |
| Selling General & Admin | $386.80M | $421.30M | $417.50M | $432.70M | $433.90M | $448.30M | $465.90M |
| Operating Income | $-43.80M | $-37.90M | $-49.30M | $-29.20M | $-62.20M | $16.70M | $-18.90M |
| Operating Margin % | -7.4% | -5.2% | -7.4% | -4.1% | -9.4% | 2.0% | -2.5% |
| Interest Expense | - | - | - | - | - | $-37.20M | $37.30M |
| Other Income/Expense | $1.60M | $-11.00M | $-5.70M | $6.40M | $4.50M | $-2.70M | $700.00K |
| Income Before Tax | $-80.50M | $-79.80M | $-87.40M | $-65.70M | $-84.40M | $-11.70M | $-46.10M |
| Income Tax Expense | $12.00M | $14.10M | $22.10M | $-3.60M | $4.80M | $700.00K | $-10.40M |
| Net Income | $-120.00M | $-131.90M | $-124.10M | $-74.90M | $-97.20M | $-24.40M | $-42.50M |
| Net Margin % | -20.3% | -18.1% | -18.7% | -10.5% | -14.7% | -3.0% | -5.5% |
| 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) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $244.50M | $367.60M | $216.70M | $156.90M | $208.50M | $251.50M | $225.30M |
| Accounts Receivable | $168.40M | $183.40M | $194.40M | $201.10M | $212.10M | $198.70M | $210.00M |
| Inventory | $351.90M | $332.20M | $390.40M | $408.00M | $421.80M | $384.10M | $424.50M |
| Other Current Assets | $169.20M | $127.90M | $145.10M | $156.50M | $170.60M | $165.60M | $162.90M |
| Total Current Assets | $1.12B | $1.16B | $1.05B | $1.01B | $1.09B | $1.08B | $1.09B |
| Goodwill | $18.50M | $25.90M | $62.50M | $68.50M | $74.90M | $72.10M | $75.20M |
| Other Non-current Assets | $427.90M | $445.50M | $461.30M | $508.90M | $546.30M | $509.40M | $459.80M |
| Total Assets | $2.07B | $2.16B | $2.09B | $2.22B | $2.37B | $2.31B | $2.27B |
| Accounts Payable | $433.10M | $461.50M | $442.30M | $457.90M | $496.70M | $522.80M | $486.20M |
| Short-term Debt | $45.40M | $5.70M | $116.00M | $31.70M | $561.40M | $32.60M | $35.50M |
| Total Current Liabilities | $1.58B | $1.54B | $1.31B | $1.21B | $1.99B | $1.42B | $1.16B |
| Long-term Debt | $214.90M | $214.80M | $214.70M | $214.80M | $214.90M | $676.00M | $675.80M |
| Other Non-current Liabilities | $53.60M | $58.20M | $63.10M | $77.80M | $81.10M | $75.10M | $83.80M |
| Total Liabilities | $3.44B | $3.40B | $3.14B | $3.18B | $3.26B | $3.16B | $3.17B |
| Common Stock | - | - | - | - | - | - | - |
| Retained Earnings | $-952.30M | $-832.30M | $-700.40M | $-576.30M | $-501.40M | $-404.20M | $-379.80M |
| Total Stockholders Equity | $-1.37B | $-1.24B | $-1.05B | $-959.40M | $-901.00M | $-858.50M | $-901.20M |
| Total Liabilities & Equity | $2.07B | $2.16B | $2.09B | $2.22B | $2.37B | $2.31B | $2.27B |
| 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) |
|---|---|---|---|---|---|---|---|
| Net Income | $-120.00M | $-131.90M | $-296.20M | $-74.90M | $-97.20M | $-24.40M | $-42.50M |
| Stock-based Compensation | $4.20M | $3.50M | $5.00M | $3.00M | $2.40M | $-800.00K | $7.70M |
| Deferred Income Tax | $5.00M | $5.60M | $3.30M | $-13.80M | $-2.50M | $-9.70M | $-10.50M |
| Change in Receivables | $-4.70M | $-500.00K | $57.40M | $39.10M | $20.60M | $8.90M | $51.20M |
| Change in Inventory | $21.00M | $-67.10M | $51.50M | $40.50M | $33.10M | $-23.40M | $76.40M |
| Capital Expenditure | $15.70M | $13.00M | $40.50M | $28.90M | $13.60M | $20.10M | $48.20M |
| Investing Cash Flow | $-15.40M | $-1.70M | $-37.10M | $-25.40M | $-10.90M | $-16.10M | $-32.00M |
| Stock Repurchased | - | - | - | - | - | - | - |
| Dividends Paid | - | - | - | - | - | - | - |
| Financing Cash Flow | $55.80M | $92.50M | $250.10M | $175.20M | $138.80M | $16.50M | $206.10M |
| Net Change in Cash | $-123.10M | $151.20M | $-34.80M | $-94.60M | $-43.00M | $26.20M | $-148.10M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.