| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $27M | $88M | 206.1% | -4.5% |
| Op. Income | -$10M | -$34M | $21M | 70.6% | -147.3% |
| Gross Margin | 57.9% | -4.9% | 63.4% | 62.8pp | -5.5pp |
| Net Margin | -15.6% | -91.5% | 17.9% | 75.9pp | -33.5pp |
| EPS (Diluted) | $-0.39 | $-0.73 | $0.41 | 46.6% | -195.1% |
| Free Cash Flow | -$25M | $36M | $20M | -171.2% | -226.2% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $48M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $59M |
| Cost & Expenses | $94M |
| OPERATING INCOME | -$10M |
| Interest Income | $4.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $20M |
| EBIT | -$10M |
| EBITDA | $10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$108.0K |
| Acquisitions (Net) | -$572M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$572M |
| Net Debt Issuance | $518M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $82.0K |
| NET CASH FROM FINANCING | $518M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $0 |
| Net Receivables | $166M |
| Inventory | $80M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $364M |
| PP&E (Net) | $28M |
| Goodwill | $132M |
| Intangible Assets | $695M |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $883M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $4M |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $374M |
| Long-Term Debt | $669M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $676M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $513M |
| Retained Earnings | -$269M |
| Treasury Stock | -$48M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $196M |
| Minority Interest | $0 |
| TOTAL EQUITY | $196M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $778M |
| Net Debt | $671M |
