| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.8B | $4.1B | -14.1% | 1.0% |
| Op. Income | $380M | $286M | $408M | 32.8% | -6.7% |
| Gross Margin | 45.3% | 47.7% | 46.7% | -2.5pp | -1.4pp |
| Net Margin | -3.1% | 5.2% | 91.2% | -8.3pp | -94.3pp |
| EPS (Diluted) | $-0.46 | $0.87 | $10.80 | -153.2% | -104.3% |
| Free Cash Flow | -$16M | $70M | $383M | -122.4% | -104.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $819M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $680M |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $380M |
| Interest Income | $212M |
| Interest Expense | $104M |
| Other Income/Expenses | -$433M |
| INCOME BEFORE TAX | -$53M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | -$110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$129M |
| D&A | $589M |
| EBIT | $51M |
| EBITDA | $640M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$129M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $193M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $403M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $274M |
| Capital Expenditure | -$289M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$431M |
| NET CASH FROM INVESTING | -$431M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $205M |
| NET CASH FROM FINANCING | $205M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.4B |
| Short-Term Investments | $20.9B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $3.1B |
| TOTAL CURRENT ASSETS | $30.9B |
| PP&E (Net) | $5.0B |
| Goodwill | $3.3B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $9.4B |
| Tax Assets | $390M |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $24.0B |
| TOTAL ASSETS | $54.9B |
| Account Payables | $5.2B |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10.0B |
| Long-Term Debt | $10.0B |
| Deferred Revenue NC | $56M |
| Deferred Tax Liabilities | $439M |
| Other Non-Current Liabilities | $723M |
| TOTAL NON-CURRENT LIABILITIES | $12.0B |
| TOTAL LIABILITIES | $22.0B |
| Common Stock | $31.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31.0B |
| Minority Interest | $1.9B |
| TOTAL EQUITY | $32.9B |
| TOTAL LIABILITIES & EQUITY | $54.9B |
| Total Debt | $13.4B |
| Net Debt | $8.0B |
