| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $805M | $1.0B | $993M | -23.2% | -18.9% |
| Op. Income | -$253M | $35M | $132M | -826.0% | -291.2% |
| Gross Margin | -22.2% | 10.1% | 20.4% | -32.3pp | -42.5pp |
| Net Margin | -24.4% | 2.9% | 10.8% | -27.4pp | -35.2pp |
| EPS (Diluted) | $-3.56 | $0.55 | $1.93 | -747.3% | -284.5% |
| Free Cash Flow | $98M | $62M | $167M | 59.6% | -41.0% |
| Item | Amount |
|---|---|
| REVENUE | $805M |
| Cost of Revenue | $984M |
| GROSS PROFIT | -$179M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $75M |
| Operating Expenses | $75M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$253M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$253M |
| Income Tax Expense | -$56M |
| Net Income from Continuing Ops | -$197M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$197M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$197M |
| D&A | $22M |
| EBIT | -$249M |
| EBITDA | -$227M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$197M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $15.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $223M |
| Change in Working Capital | $58M |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$612M |
| Sales/Maturities of Investments | $505M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$110M |
| Net Debt Issuance | -$789.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$35M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $296M |
| Short-Term Investments | $134M |
| Net Receivables | $714M |
| Inventory | $0 |
| Other Current Assets | -$1.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $220M |
| Goodwill | $43M |
| Intangible Assets | $10M |
| Long-Term Investments | $5.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $6.7B |
| Account Payables | $175M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$175M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $373M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | -$413M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $99M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $405M |
| Net Debt | $109M |
