| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $505M | $561M | $283M | -10.1% | 78.2% |
| Op. Income | $62M | $55M | -$8M | 13.2% | 903.1% |
| Gross Margin | 51.6% | 53.2% | 50.3% | -1.6pp | 1.3pp |
| Net Margin | 9.5% | 6.0% | -2.8% | 3.6pp | 12.4pp |
| EPS (Diluted) | $0.29 | $0.20 | $-0.05 | 44.9% | 710.7% |
| Free Cash Flow | -$52M | $63M | $12M | -182.2% | -535.1% |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $244M |
| GROSS PROFIT | $261M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $199M |
| Other Expenses | $0 |
| Operating Expenses | $199M |
| Cost & Expenses | $443M |
| OPERATING INCOME | $62M |
| Interest Income | $482.0K |
| Interest Expense | $896.0K |
| Other Income/Expenses | -$181.0K |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $10M |
| EBIT | $63M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $244M |
| GROSS PROFIT | $261M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $199M |
| Other Expenses | $0 |
| Operating Expenses | $199M |
| Cost & Expenses | $443M |
| OPERATING INCOME | $62M |
| Interest Income | $482.0K |
| Interest Expense | $896.0K |
| Other Income/Expenses | -$181.0K |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $10M |
| EBIT | $63M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$94M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$82M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $69.0K |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | -$133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $957M |
| Short-Term Investments | $0 |
| Net Receivables | $232M |
| Inventory | $458M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $412M |
| Goodwill | $14M |
| Intangible Assets | $41M |
| Long-Term Investments | $0 |
| Tax Assets | $41M |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $565M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $394M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $601M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $86M |
| TOTAL NON-CURRENT LIABILITIES | $272M |
| TOTAL LIABILITIES | $872M |
| Common Stock | $277.0K |
| Additional Paid-In Capital | $209M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $232M |
| Net Debt | -$725M |
