| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $446M | $467M | $438M | -4.4% | 2.0% |
| Op. Income | -$1M | -$13M | $14M | 91.7% | -107.5% |
| Gross Margin | 10.2% | 17.0% | 12.9% | -6.8pp | -2.8pp |
| Net Margin | -4.3% | -8.3% | -2.1% | 4.0pp | -2.2pp |
| EPS (Diluted) | $-0.19 | $-0.39 | $-0.09 | 51.3% | -102.3% |
| Free Cash Flow | -$100M | $126M | -$12M | -179.5% | -703.6% |
| Item | Amount |
|---|---|
| REVENUE | $446M |
| Cost of Revenue | $401M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $447M |
| OPERATING INCOME | -$1M |
| Interest Income | $796.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $32M |
| EBIT | $495.0K |
| EBITDA | $33M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$168.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$94M |
| OPERATING CASH FLOW | -$81M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $36.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $36.0K |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$100M |
| Net Change in Cash | -$100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $438M |
| Short-Term Investments | $6M |
| Net Receivables | $475M |
| Inventory | $162M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $622M |
| Goodwill | $35M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $102M |
| TOTAL NON-CURRENT ASSETS | $759M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $108M |
| Short-Term Debt | $20M |
| Deferred Revenue | $85M |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $465M |
| Long-Term Debt | $702M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $80M |
| TOTAL NON-CURRENT LIABILITIES | $935M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $28M |
| Additional Paid-In Capital | $148M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$606M |
| Accum. Other Comp. Income | -$357M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $496M |
| Minority Interest | $6M |
| TOTAL EQUITY | $502M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $875M |
| Net Debt | $437M |
