| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $185M | $409M | $145M | -54.8% | 27.5% |
| Op. Income | -$12M | $67M | -$26M | -118.6% | 51.6% |
| Gross Margin | 36.4% | 46.0% | 35.7% | -9.6pp | 0.8pp |
| Net Margin | -7.8% | 10.9% | -20.9% | -18.7pp | 13.0pp |
| EPS (Diluted) | $-1.53 | $4.60 | $-3.40 | -133.3% | 54.9% |
| Free Cash Flow | -$131M | $40M | -$122M | -427.0% | -7.3% |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | -$389.0K |
| Operating Expenses | $80M |
| Cost & Expenses | $197M |
| OPERATING INCOME | -$12M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $9M |
| EBIT | -$13M |
| EBITDA | -$4M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $762.0K |
| Change in Working Capital | -$125M |
| OPERATING CASH FLOW | -$126M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$152M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $100.0K |
| NET CASH FROM FINANCING | -$154M |
| FREE CASH FLOW | -$131M |
| Net Change in Cash | -$290M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $245M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $375M |
| PP&E (Net) | $273M |
| Goodwill | $106M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $436M |
| TOTAL ASSETS | $811M |
| Account Payables | $100M |
| Short-Term Debt | $65M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $254M |
| Long-Term Debt | $785M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $938M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $182.0K |
| Additional Paid-In Capital | $80M |
| Retained Earnings | -$462M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$381M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$381M |
| TOTAL LIABILITIES & EQUITY | $811M |
| Total Debt | $1.0B |
| Net Debt | $950M |
