| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $700M | $733M | $727M | -4.5% | -3.7% |
| Op. Income | $146M | $107M | $101M | 36.9% | 45.2% |
| Gross Margin | 57.5% | 54.7% | 55.1% | 2.8pp | 2.4pp |
| Net Margin | -481.0% | -214.8% | 134.5% | -266.3pp | -615.5pp |
| EPS (Diluted) | $-112.57 | $-52.59 | $32.38 | -114.1% | -447.7% |
| Free Cash Flow | $17M | $115M | $94M | -84.8% | -81.5% |
| Item | Amount |
|---|---|
| REVENUE | $700M |
| Cost of Revenue | $297M |
| GROSS PROFIT | $403M |
| R&D Expenses | $60M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $197M |
| Other Expenses | $0 |
| Operating Expenses | $256M |
| Cost & Expenses | $554M |
| OPERATING INCOME | $146M |
| Interest Income | $32M |
| Interest Expense | $4M |
| Other Income/Expenses | -$4.5B |
| INCOME BEFORE TAX | -$4.4B |
| Income Tax Expense | -$1.0B |
| Net Income from Continuing Ops | -$3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.4B |
| D&A | $33M |
| EBIT | -$4.4B |
| EBITDA | -$4.3B |
| EPS | -$113 |
| EPS Diluted | -$113 |
| Item | Amount |
|---|---|
| Net Income | -$3.4B |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4.5B |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$961M |
| Sales/Maturities of Investments | $78M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$916M |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $332M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $802M |
| Short-Term Investments | $1.3B |
| Net Receivables | $464M |
| Inventory | $605M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $684M |
| Goodwill | $346M |
| Intangible Assets | $247M |
| Long-Term Investments | $9.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $11.1B |
| TOTAL ASSETS | $14.4B |
| Account Payables | $161M |
| Short-Term Debt | $504.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $211M |
| TOTAL CURRENT LIABILITIES | $648M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $180M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $459M |
| Retained Earnings | $10.1B |
| Treasury Stock | -$106M |
| Accum. Other Comp. Income | -$308M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.2B |
| TOTAL LIABILITIES & EQUITY | $14.4B |
| Total Debt | $1.4B |
| Net Debt | $602M |
