| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $487M | $474M | $402M | 2.7% | 21.0% |
| Op. Income | -$177M | -$221M | -$301M | 20.1% | 41.1% |
| Gross Margin | 72.3% | 74.9% | 72.6% | -2.5pp | -0.3pp |
| Net Margin | -37.2% | -46.6% | -7.8% | 9.4pp | -29.4pp |
| EPS (Diluted) | $-1.04 | $-1.28 | $-0.18 | 18.8% | -477.8% |
| Free Cash Flow | -$207M | -$26M | -$90M | -701.0% | -130.0% |
| Item | Amount |
|---|---|
| REVENUE | $487M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $352M |
| R&D Expenses | $102M |
| Selling & Marketing | $76M |
| General & Administrative | $326M |
| SG&A Expenses | $402M |
| Other Expenses | $25M |
| Operating Expenses | $529M |
| Cost & Expenses | $664M |
| OPERATING INCOME | -$177M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$183M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$181M |
| D&A | $48M |
| EBIT | -$180M |
| EBITDA | -$133M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$181M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $52M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | -$76M |
| OPERATING CASH FLOW | -$174M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$70M |
| Sales/Maturities of Investments | $151M |
| Other Investing Activities | -$7.0K |
| NET CASH FROM INVESTING | $46M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$207M |
| Net Change in Cash | -$126M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $190M |
| Short-Term Investments | $627M |
| Net Receivables | $206M |
| Inventory | $113M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $793M |
| Goodwill | $2.3B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $77M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $66M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $481M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $389M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | -$2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $2.4B |
| Net Debt | $2.2B |
