| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.4B | 1.5% | 6.2% |
| Op. Income | -$147M | -$130M | $121M | -13.6% | -222.2% |
| Gross Margin | -0.9% | 2.5% | 24.4% | -3.4pp | -25.3pp |
| Net Margin | -7.3% | -5.3% | 7.1% | -2.0pp | -14.4pp |
| EPS (Diluted) | $-1.66 | $-1.18 | $1.46 | -40.7% | -213.7% |
| Free Cash Flow | $29M | $52M | $190M | -43.3% | -84.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | -$13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $88M |
| SG&A Expenses | $88M |
| Other Expenses | $47M |
| Operating Expenses | $135M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$147M |
| Interest Income | $77M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$147M |
| Income Tax Expense | -$42M |
| Net Income from Continuing Ops | -$106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$106M |
| D&A | $21M |
| EBIT | -$137M |
| EBITDA | -$116M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$106M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $137M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$562M |
| Sales/Maturities of Investments | $550M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $8.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10.2B |
| PP&E (Net) | $13M |
| Goodwill | $1.3B |
| Intangible Assets | $294M |
| Long-Term Investments | $9.4B |
| Tax Assets | $208M |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $11.0B |
| TOTAL ASSETS | $14.9B |
| Account Payables | -$301M |
| Short-Term Debt | $0 |
| Deferred Revenue | $227M |
| Other Current Liabilities | -$46M |
| TOTAL CURRENT LIABILITIES | $400M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $227M |
| Other Non-Current Liabilities | $9.2B |
| TOTAL NON-CURRENT LIABILITIES | $10.9B |
| TOTAL LIABILITIES | $10.9B |
| Common Stock | $6M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $448M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $14.9B |
| Total Debt | $1.1B |
| Net Debt | $974M |
