| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $2.3B | $333M | 119.4% | 1395.9% |
| Op. Income | -$40M | -$8M | $2M | -400.0% | -1961.3% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -0.9% | -0.3% | 0.5% | -0.6pp | -1.3pp |
| EPS (Diluted) | $-1.25 | $-0.35 | $0.06 | -257.1% | -2262.6% |
| Free Cash Flow | $903M | $648M | $306M | 39.4% | 195.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $5.0B |
| Operating Expenses | $5.0B |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | -$40M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$40M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $0 |
| EBIT | -$40M |
| EBITDA | -$40M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$383M |
| Change in Working Capital | $1.3B |
| OPERATING CASH FLOW | $902M |
| Capital Expenditure | $1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.8B |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | -$589M |
| NET CASH FROM INVESTING | -$2.4B |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | $903M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $393M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | -$403M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $4.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$4.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $11.5B |
| Account Payables | $132M |
| Short-Term Debt | $0 |
| Deferred Revenue | $82M |
| Other Current Liabilities | -$681M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $693M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$693M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $10.1B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $11.5B |
| Total Debt | $693M |
| Net Debt | $300M |
