| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $338M | $328M | — | 3.0% | — |
| Op. Income | $19M | $20M | — | -1.7% | — |
| Gross Margin | 20.3% | 21.7% | — | -1.4pp | — |
| Net Margin | -16.2% | -16.6% | — | 0.4pp | — |
| EPS (Diluted) | $-0.31 | $-0.30 | — | -1.9% | — |
| Free Cash Flow | -$18M | -$352M | — | 94.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $269M |
| GROSS PROFIT | $68M |
| R&D Expenses | $1M |
| Selling & Marketing | $6M |
| General & Administrative | $42M |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $318M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $69M |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | -$55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$57M |
| D&A | $116M |
| EBIT | $23M |
| EBITDA | $138M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$55M |
| Depreciation & Amortization | $116M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $153M |
| OPERATING CASH FLOW | $237M |
| Capital Expenditure | -$255M |
| Acquisitions (Net) | -$48M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$303M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$291M |
| NET CASH FROM FINANCING | -$291M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$311M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $448M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $7.4B |
| Goodwill | $1.2B |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $328M |
| TOTAL NON-CURRENT ASSETS | $8.9B |
| TOTAL ASSETS | $10.8B |
| Account Payables | $583M |
| Short-Term Debt | $733M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $367M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $75.4K |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$681M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$110M |
| Other Equity | -$147M |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $9M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $10.8B |
| Total Debt | $6.1B |
| Net Debt | $4.8B |
