| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $5.1B | $2.1B | -7.1% | 128.8% |
| Op. Income | -$151M | $195M | $199M | -177.4% | -175.9% |
| Gross Margin | 12.4% | 17.4% | 32.3% | -5.0pp | -19.9pp |
| Net Margin | -5.9% | 1.3% | 5.7% | -7.3pp | -11.6pp |
| EPS (Diluted) | $-0.47 | $0.11 | $0.19 | -527.3% | -347.4% |
| Free Cash Flow | $557M | $64M | $550M | 770.3% | 1.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $580M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $731M |
| Operating Expenses | $731M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | -$151M |
| Interest Income | $3M |
| Interest Expense | $84M |
| Other Income/Expenses | -$225M |
| INCOME BEFORE TAX | -$376M |
| Income Tax Expense | -$98M |
| Net Income from Continuing Ops | -$278M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$278M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$278M |
| D&A | $324M |
| EBIT | -$292M |
| EBITDA | $32M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$278M |
| Depreciation & Amortization | $324M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$97M |
| Other Non-Cash Items | $543M |
| Change in Working Capital | $579M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$514M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$925M |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$139M |
| Net Debt Issuance | -$323M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$314M |
| FREE CASH FLOW | $557M |
| Net Change in Cash | $618M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.1B |
| Short-Term Investments | $2.6B |
| Net Receivables | $1.7B |
| Inventory | $623M |
| Other Current Assets | $767M |
| TOTAL CURRENT ASSETS | $18.8B |
| PP&E (Net) | $16.5B |
| Goodwill | $970M |
| Intangible Assets | $295M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $683M |
| TOTAL NON-CURRENT ASSETS | $18.4B |
| TOTAL ASSETS | $37.3B |
| Account Payables | $320M |
| Short-Term Debt | $415M |
| Deferred Revenue | $6.4B |
| Other Current Liabilities | $897M |
| TOTAL CURRENT LIABILITIES | $10.1B |
| Long-Term Debt | $10.3B |
| Deferred Revenue NC | $2.2B |
| Deferred Tax Liabilities | $1.8B |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $16.8B |
| TOTAL LIABILITIES | $26.8B |
| Common Stock | $888M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $15.6B |
| Treasury Stock | -$10.9B |
| Accum. Other Comp. Income | $891M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.4B |
| TOTAL LIABILITIES & EQUITY | $37.3B |
| Total Debt | $12.2B |
| Net Debt | -$857M |
