| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $460M | $535M | — | -13.9% | — |
| Op. Income | $48M | $50M | — | -3.5% | — |
| Gross Margin | 42.1% | 40.4% | — | 1.8pp | — |
| Net Margin | 9.2% | -115.5% | — | 124.7pp | — |
| EPS (Diluted) | $0.21 | $-3.14 | — | 106.6% | — |
| Free Cash Flow | $3M | $94M | — | -96.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $460M |
| Cost of Revenue | $266M |
| GROSS PROFIT | $194M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $146M |
| Cost & Expenses | $412M |
| OPERATING INCOME | $48M |
| Interest Income | $14M |
| Interest Expense | $3M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $4M |
| EBIT | $48M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $460M |
| Cost of Revenue | $266M |
| GROSS PROFIT | $194M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $146M |
| Cost & Expenses | $412M |
| OPERATING INCOME | $48M |
| Interest Income | $14M |
| Interest Expense | $3M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $4M |
| EBIT | $48M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$168M |
| Sales/Maturities of Investments | $133M |
| Other Investing Activities | $515.3K |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $749M |
| Short-Term Investments | $387M |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $60M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $119M |
| Tax Assets | $5M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $94M |
| Short-Term Debt | $0 |
| Deferred Revenue | $73M |
| Other Current Liabilities | $215M |
| TOTAL CURRENT LIABILITIES | $445M |
| Long-Term Debt | $647M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $696M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $20M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $679M |
| Net Debt | -$70M |
