| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $677M | $609M | $739M | 11.3% | -8.3% |
| Op. Income | -$54M | -$54M | -$62M | 0.9% | 13.1% |
| Gross Margin | 18.8% | 20.6% | 15.8% | -1.8pp | 3.0pp |
| Net Margin | -14.8% | -13.4% | -14.7% | -1.3pp | -0.1pp |
| EPS (Diluted) | $-0.54 | $-0.44 | $-0.59 | -22.7% | 8.5% |
| Free Cash Flow | -$63M | -$132M | -$64M | 52.2% | 1.6% |
| Item | Amount |
|---|---|
| REVENUE | $677M |
| Cost of Revenue | $550M |
| GROSS PROFIT | $128M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $87M |
| SG&A Expenses | $87M |
| Other Expenses | $94M |
| Operating Expenses | $181M |
| Cost & Expenses | $731M |
| OPERATING INCOME | -$54M |
| Interest Income | $95.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | -$102M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$100M |
| D&A | $87M |
| EBIT | -$57M |
| EBITDA | $30M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$100M |
| Depreciation & Amortization | $87M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | -$82.0K |
| Purchases of Investments | -$126M |
| Sales/Maturities of Investments | $129M |
| Other Investing Activities | $865.0K |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$76.0K |
| NET CASH FROM FINANCING | -$403.0K |
| FREE CASH FLOW | -$63M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $289M |
| Short-Term Investments | $179M |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $655M |
| PP&E (Net) | $5.5B |
| Goodwill | $27M |
| Intangible Assets | $0 |
| Long-Term Investments | $62M |
| Tax Assets | $3M |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $82M |
| Short-Term Debt | $208M |
| Deferred Revenue | $73M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $793M |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $85M |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$3.5B |
| Treasury Stock | -$103M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $597M |
| Minority Interest | $2M |
| TOTAL EQUITY | $599M |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $5.2B |
| Net Debt | $4.9B |
