| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $185M | $203M | $227M | -9.2% | -18.9% |
| Op. Income | -$6M | $50M | $76M | -111.4% | -107.5% |
| Gross Margin | 26.6% | 31.9% | 38.7% | -5.3pp | -12.2pp |
| Net Margin | -4.6% | 14.5% | 22.5% | -19.1pp | -27.1pp |
| EPS (Diluted) | $-0.02 | $0.07 | $0.13 | -129.1% | -116.7% |
| Free Cash Flow | -$41M | -$31M | $27M | -32.0% | -252.8% |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $42M |
| Operating Expenses | $55M |
| Cost & Expenses | $190M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $38M |
| EBIT | -$13M |
| EBITDA | $25M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $41M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$87M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$87M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $700.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $22M |
| Net Receivables | $65M |
| Inventory | $213M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $474M |
| PP&E (Net) | $3.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $149M |
| TOTAL CURRENT LIABILITIES | $149M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $602M |
| Other Non-Current Liabilities | $106M |
| TOTAL NON-CURRENT LIABILITIES | $708M |
| TOTAL LIABILITIES | $857M |
| Common Stock | $3.7B |
| Additional Paid-In Capital | $89M |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $0 |
| Net Debt | -$124M |
