| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $812M | $909M | $439M | -10.6% | 85.2% |
| Op. Income | $621M | $708M | $285M | -12.4% | 118.2% |
| Gross Margin | 80.5% | 83.4% | 71.6% | -2.9pp | 8.9pp |
| Net Margin | -113.6% | 69.3% | 22.3% | -182.9pp | -135.9pp |
| EPS (Diluted) | $-4.62 | $2.90 | $0.43 | -259.3% | -1174.4% |
| Free Cash Flow | $214M | $136M | $96M | 57.0% | 122.5% |
| Item | Amount |
|---|---|
| REVENUE | $812M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $654M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $621M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$1.9B |
| INCOME BEFORE TAX | -$1.2B |
| Income Tax Expense | -$326M |
| Net Income from Continuing Ops | -$923M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$923M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$923M |
| D&A | $119M |
| EBIT | -$1.2B |
| EBITDA | -$1.1B |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$923M |
| Depreciation & Amortization | $119M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$334M |
| Other Non-Cash Items | $1.4B |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $336M |
| Capital Expenditure | -$122M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$103M |
| Net Debt Issuance | -$71M |
| Common Stock Repurchased | -$152M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$228M |
| FREE CASH FLOW | $214M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $268M |
| Inventory | $6M |
| Other Current Assets | $120M |
| TOTAL CURRENT ASSETS | $417M |
| PP&E (Net) | $1.7B |
| Goodwill | $323M |
| Intangible Assets | $82M |
| Long-Term Investments | $281M |
| Tax Assets | $29M |
| Other Non-Current Assets | $5.4B |
| TOTAL NON-CURRENT ASSETS | $7.8B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $121M |
| Short-Term Debt | $347M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | -$110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $2.3B |
| Net Debt | $2.3B |
