| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | — | -9.5% | — |
| Op. Income | -$60M | $4M | — | -1822.2% | — |
| Gross Margin | 22.6% | 22.4% | — | 0.2pp | — |
| Net Margin | -0.1% | 2.8% | — | -2.9pp | — |
| EPS (Diluted) | $-0.00 | $0.04 | — | -103.9% | — |
| Free Cash Flow | $73M | $318M | — | -77.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $316M |
| R&D Expenses | $201M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $176M |
| Other Expenses | $0 |
| Operating Expenses | $377M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | -$60M |
| Interest Income | $24M |
| Interest Expense | $1M |
| Other Income/Expenses | $63M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $0 |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $71M |
| Deferred Income Tax | -$525.3K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $163M |
| OPERATING CASH FLOW | $268M |
| Capital Expenditure | -$195M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $2.6B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $229M |
| Net Debt Issuance | $132M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $437.0K |
| NET CASH FROM FINANCING | $132M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $617M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.7B |
| Short-Term Investments | $2.4B |
| Net Receivables | $64M |
| Inventory | $280M |
| Other Current Assets | $489M |
| TOTAL CURRENT ASSETS | $7.9B |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $112M |
| Long-Term Investments | $44M |
| Tax Assets | $2M |
| Other Non-Current Assets | $154M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $1.6B |
| Short-Term Debt | $20M |
| Deferred Revenue | $49M |
| Other Current Liabilities | -$82M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $270M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $206.2K |
| Additional Paid-In Capital | $7.3B |
| Retained Earnings | -$996M |
| Treasury Stock | -$12.9K |
| Accum. Other Comp. Income | -$235M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $1.3B |
| Net Debt | -$3.3B |
