| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.8B | $844M | -15.1% | 76.3% |
| Op. Income | -$69M | -$70M | -$11M | 0.9% | -542.9% |
| Gross Margin | 5.4% | 6.4% | 9.9% | -1.0pp | -4.5pp |
| Net Margin | -9.1% | -13.1% | -4.2% | 4.0pp | -4.9pp |
| EPS (Diluted) | $-1.23 | $-1.96 | $-0.27 | 37.2% | -355.6% |
| Free Cash Flow | -$52M | $83M | -$17M | -162.4% | -198.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $133M |
| Operating Expenses | $149M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$69M |
| Interest Income | $0 |
| Interest Expense | $67M |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | -$135M |
| Income Tax Expense | -$450.0K |
| Net Income from Continuing Ops | -$135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$159M |
| D&A | $88M |
| EBIT | -$72M |
| EBITDA | $16M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$135M |
| Depreciation & Amortization | $88M |
| Stock-Based Compensation | $960.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $126M |
| Change in Working Capital | -$85M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $63M |
| Purchases of Investments | -$60M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $369.0K |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | $49M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $46M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $845M |
| Inventory | $246M |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $2.7B |
| Goodwill | $744M |
| Intangible Assets | $1.2B |
| Long-Term Investments | $21M |
| Tax Assets | $0 |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $763M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $80M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $115M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $449M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$258.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | -$34M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $3.5B |
| Net Debt | $3.5B |
