| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $1.7B | $1.5B | 40.8% | 63.1% |
| Op. Income | -$113M | -$367M | $147M | 69.2% | -176.9% |
| Gross Margin | 20.5% | 9.6% | 14.8% | 10.9pp | 5.7pp |
| Net Margin | -7.7% | -14.7% | 4.3% | 7.0pp | -12.0pp |
| EPS (Diluted) | $-0.58 | $-0.80 | $0.20 | 27.5% | -390.0% |
| Free Cash Flow | -$153M | $113M | $1.2B | -235.4% | -113.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $502M |
| R&D Expenses | $0 |
| Selling & Marketing | $78M |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $537M |
| Operating Expenses | $615M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | -$113M |
| Interest Income | $8M |
| Interest Expense | $40M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | -$151M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | -$188M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$188M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$188M |
| D&A | $145M |
| EBIT | -$69M |
| EBITDA | $76M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$188M |
| Depreciation & Amortization | $145M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $40M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$205M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$193M |
| Sales/Maturities of Investments | $254M |
| Other Investing Activities | -$196M |
| NET CASH FROM INVESTING | -$151M |
| Net Debt Issuance | -$106M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$35M |
| NET CASH FROM FINANCING | -$112M |
| FREE CASH FLOW | -$153M |
| Net Change in Cash | -$211M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $873M |
| Net Receivables | $291M |
| Inventory | $73M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $9.6B |
| Goodwill | $0 |
| Intangible Assets | $269M |
| Long-Term Investments | $120M |
| Tax Assets | $0 |
| Other Non-Current Assets | $517M |
| TOTAL NON-CURRENT ASSETS | $10.5B |
| TOTAL ASSETS | $13.5B |
| Account Payables | $585M |
| Short-Term Debt | $428M |
| Deferred Revenue | $2.0B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $667M |
| Deferred Tax Liabilities | $742M |
| Other Non-Current Liabilities | $530M |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $10.1B |
| Common Stock | $5M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $13.5B |
| Total Debt | $4.6B |
| Net Debt | $3.0B |
