| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $2.0B | $661M | -7.0% | 177.5% |
| Op. Income | -$119M | $186M | -$454M | -164.0% | 73.8% |
| Gross Margin | 21.6% | 25.2% | -25.3% | -3.6pp | 46.9pp |
| Net Margin | -7.0% | 6.6% | -56.4% | -13.6pp | 49.4pp |
| EPS (Diluted) | $-0.40 | $0.40 | $-1.34 | -200.0% | 70.1% |
| Free Cash Flow | -$305M | -$166M | -$655M | -83.7% | 53.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $396M |
| R&D Expenses | $0 |
| Selling & Marketing | $54M |
| General & Administrative | $0 |
| SG&A Expenses | $54M |
| Other Expenses | $462M |
| Operating Expenses | $515M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | -$119M |
| Interest Income | $8M |
| Interest Expense | $41M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | -$163M |
| Income Tax Expense | -$34M |
| Net Income from Continuing Ops | -$129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$129M |
| D&A | $97M |
| EBIT | -$111M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$129M |
| Depreciation & Amortization | $142M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$48M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$84M |
| OPERATING CASH FLOW | -$113M |
| Capital Expenditure | -$192M |
| Acquisitions (Net) | -$137M |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | $134M |
| NET CASH FROM INVESTING | $31M |
| Net Debt Issuance | -$117M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$93M |
| FREE CASH FLOW | -$305M |
| Net Change in Cash | -$175M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $824M |
| Net Receivables | $207M |
| Inventory | $74M |
| Other Current Assets | $124M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $9.5B |
| Goodwill | $0 |
| Intangible Assets | $284M |
| Long-Term Investments | $130M |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $438M |
| TOTAL NON-CURRENT ASSETS | $11.6B |
| TOTAL ASSETS | $14.8B |
| Account Payables | $499M |
| Short-Term Debt | $461M |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $359M |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $640M |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $552M |
| TOTAL NON-CURRENT LIABILITIES | $7.6B |
| TOTAL LIABILITIES | $11.0B |
| Common Stock | $5M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $2.8B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $14.8B |
| Total Debt | $4.8B |
| Net Debt | $2.8B |
