| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.9B | $797M | -11.5% | 110.9% |
| Op. Income | -$202M | $39M | -$161M | -617.9% | -25.5% |
| Gross Margin | 7.5% | 21.6% | -37.1% | -14.1pp | 44.6pp |
| Net Margin | -8.5% | 0.9% | -16.4% | -9.5pp | 7.9pp |
| EPS (Diluted) | $-1.14 | $0.14 | $-1.05 | -914.3% | -8.6% |
| Free Cash Flow | -$1M | $27M | $140M | -103.7% | -100.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $58M |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $270M |
| Operating Expenses | $328M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | -$202M |
| Interest Income | $7M |
| Interest Expense | $25M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$206M |
| Income Tax Expense | -$63M |
| Net Income from Continuing Ops | -$143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$143M |
| D&A | $102M |
| EBIT | -$220M |
| EBITDA | -$118M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$143M |
| Depreciation & Amortization | $102M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$58M |
| Other Non-Cash Items | $133M |
| Change in Working Capital | $248M |
| OPERATING CASH FLOW | $287M |
| Capital Expenditure | -$288M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$552M |
| Sales/Maturities of Investments | $880M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $39M |
| Net Debt Issuance | -$170M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$168M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $158M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $652M |
| Short-Term Investments | $2.3B |
| Net Receivables | $658M |
| Inventory | $78M |
| Other Current Assets | $324M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $7.8B |
| Goodwill | $0 |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $411M |
| TOTAL NON-CURRENT ASSETS | $10.2B |
| TOTAL ASSETS | $14.2B |
| Account Payables | $299M |
| Short-Term Debt | $564M |
| Deferred Revenue | $2.7B |
| Other Current Liabilities | $659M |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $1.4B |
| Deferred Tax Liabilities | $509M |
| Other Non-Current Liabilities | $665M |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $10.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $503M |
| Retained Earnings | $4.1B |
| Treasury Stock | -$674M |
| Accum. Other Comp. Income | -$292M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $4.0B |
| Net Debt | $3.3B |
