| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $522M | $487M | $435M | 7.2% | 20.0% |
| Op. Income | -$160M | -$177M | -$172M | 9.8% | 7.0% |
| Gross Margin | 72.3% | 72.3% | 73.8% | -0.0pp | -1.5pp |
| Net Margin | -31.8% | -37.2% | -40.7% | 5.4pp | 8.9pp |
| EPS (Diluted) | $-0.94 | $-1.04 | $-1.03 | 9.6% | 8.7% |
| Free Cash Flow | -$124M | -$207M | $16M | 40.1% | -888.7% |
| Item | Amount |
|---|---|
| REVENUE | $522M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $377M |
| R&D Expenses | $106M |
| Selling & Marketing | $73M |
| General & Administrative | $325M |
| SG&A Expenses | $398M |
| Other Expenses | $33M |
| Operating Expenses | $537M |
| Cost & Expenses | $681M |
| OPERATING INCOME | -$160M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$168M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$166M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$166M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$166M |
| D&A | $52M |
| EBIT | -$163M |
| EBITDA | -$111M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$166M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $59M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $953.0K |
| OPERATING CASH FLOW | -$61M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $119M |
| Other Investing Activities | -$42.0K |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $63M |
| FREE CASH FLOW | -$124M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $213M |
| Short-Term Investments | $515M |
| Net Receivables | $187M |
| Inventory | $115M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $846M |
| Goodwill | $2.3B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $84M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $443M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $364M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | -$3.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $2.4B |
| Net Debt | $2.2B |
