| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.8B | $733M | -5.3% | 136.8% |
| Op. Income | -$367M | -$119M | -$294M | -208.4% | -24.8% |
| Gross Margin | 9.6% | 21.6% | -30.7% | -12.0pp | 40.3pp |
| Net Margin | -14.7% | -7.0% | -33.7% | -7.7pp | 19.0pp |
| EPS (Diluted) | $-0.80 | $-0.40 | $-0.78 | -100.0% | -2.6% |
| Free Cash Flow | $113M | -$305M | -$40M | 137.0% | 382.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $167M |
| R&D Expenses | $0 |
| Selling & Marketing | $57M |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $477M |
| Operating Expenses | $534M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | -$367M |
| Interest Income | $4M |
| Interest Expense | $37M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | -$398M |
| Income Tax Expense | -$143M |
| Net Income from Continuing Ops | -$255M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$255M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$255M |
| D&A | $143M |
| EBIT | -$367M |
| EBITDA | -$224M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$255M |
| Depreciation & Amortization | $143M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$141M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $499M |
| OPERATING CASH FLOW | $247M |
| Capital Expenditure | -$134M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$353M |
| Sales/Maturities of Investments | $153M |
| Other Investing Activities | -$85M |
| NET CASH FROM INVESTING | -$334M |
| Net Debt Issuance | -$83M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$89M |
| FREE CASH FLOW | $113M |
| Net Change in Cash | -$176M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $950M |
| Net Receivables | $248M |
| Inventory | $68M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $9.6B |
| Goodwill | $0 |
| Intangible Assets | $274M |
| Long-Term Investments | $110M |
| Tax Assets | $0 |
| Other Non-Current Assets | $523M |
| TOTAL NON-CURRENT ASSETS | $10.5B |
| TOTAL ASSETS | $13.8B |
| Account Payables | $624M |
| Short-Term Debt | $381M |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $655M |
| Deferred Tax Liabilities | $702M |
| Other Non-Current Liabilities | $551M |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $10.2B |
| Common Stock | $5M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $13.8B |
| Total Debt | $4.8B |
| Net Debt | $2.9B |
