| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $112M | $212M | -64.6% | -81.3% |
| Op. Income | -$33M | $45M | $152M | -174.5% | -122.0% |
| Gross Margin | -46.2% | 53.2% | 78.2% | -99.4pp | -124.4pp |
| Net Margin | -87.8% | 39.1% | 70.7% | -126.9pp | -158.5pp |
| EPS (Diluted) | $-0.09 | $0.11 | $0.38 | -181.8% | -123.7% |
| Free Cash Flow | $120M | $46M | $256M | 160.0% | -53.4% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $58M |
| GROSS PROFIT | -$18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $9M |
| Operating Expenses | $15M |
| Cost & Expenses | $73M |
| OPERATING INCOME | -$33M |
| Interest Income | $235M |
| Interest Expense | $58M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$35M |
| D&A | $0 |
| EBIT | -$33M |
| EBITDA | -$33M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$35M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $52M |
| Change in Working Capital | $102M |
| OPERATING CASH FLOW | $120M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$701M |
| Sales/Maturities of Investments | $670M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $55M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$122M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$78M |
| FREE CASH FLOW | $120M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $246M |
| Short-Term Investments | $0 |
| Net Receivables | $92M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $343M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.7B |
| TOTAL NON-CURRENT ASSETS | $12.7B |
| TOTAL ASSETS | $13.1B |
| Account Payables | $122M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $7.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $208M |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $4M |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | -$292M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $13.1B |
| Total Debt | $7.1B |
| Net Debt | $6.8B |
