| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | — | $23M | — | 50.9% |
| Op. Income | $15M | — | $11M | — | 33.6% |
| Gross Margin | 61.9% | — | 61.9% | — | -0.0pp |
| Net Margin | 13.7% | — | 24.2% | — | -10.5pp |
| EPS (Diluted) | $0.05 | — | $0.06 | — | -21.0% |
| Free Cash Flow | -$128M | — | -$37M | — | -244.0% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $22M |
| R&D Expenses | $608.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $15M |
| Interest Income | $8M |
| Interest Expense | $12M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $7M |
| EBIT | $23M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $22M |
| R&D Expenses | $608.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $15M |
| Interest Income | $8M |
| Interest Expense | $12M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $7M |
| EBIT | $23M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$142M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$168M |
| Net Debt Issuance | $146M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $232M |
| FREE CASH FLOW | -$128M |
| Net Change in Cash | $85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $386M |
| Short-Term Investments | $38M |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $496M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $507M |
| Long-Term Investments | $82M |
| Tax Assets | $18M |
| Other Non-Current Assets | $226M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $30M |
| Short-Term Debt | $102M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $97M |
| TOTAL CURRENT LIABILITIES | $229M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $141M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $673M |
| Retained Earnings | -$29M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $599M |
| Minority Interest | $230M |
| TOTAL EQUITY | $830M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $2.0B |
| Net Debt | $1.6B |
