| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $304M | $291M | $234M | 4.6% | 29.9% |
| Op. Income | $36M | $99M | $44M | -63.3% | -17.3% |
| Gross Margin | 46.9% | 52.7% | 52.0% | -5.8pp | -5.1pp |
| Net Margin | -0.6% | 7.4% | -3.1% | -8.0pp | 2.5pp |
| EPS (Diluted) | $-0.18 | $2.29 | $-0.82 | -107.9% | 78.0% |
| Free Cash Flow | -$109M | -$270M | -$178M | 59.8% | 39.0% |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $46M |
| SG&A Expenses | $46M |
| Other Expenses | $60M |
| Operating Expenses | $107M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $36M |
| Interest Income | $10M |
| Interest Expense | $41M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $3M |
| EBIT | $36M |
| EBITDA | $39M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | -$59M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$558M |
| Sales/Maturities of Investments | $456M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$156M |
| Net Debt Issuance | $317M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$159M |
| NET CASH FROM FINANCING | $157M |
| FREE CASH FLOW | -$109M |
| Net Change in Cash | -$58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $193M |
| Short-Term Investments | $0 |
| Net Receivables | $8.3B |
| Inventory | $0 |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $9.4B |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $2.3B |
| Long-Term Investments | $23M |
| Tax Assets | $3M |
| Other Non-Current Assets | $443M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $12.1B |
| Account Payables | $2M |
| Short-Term Debt | $45M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $293M |
| Long-Term Debt | $10.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $951M |
| TOTAL NON-CURRENT LIABILITIES | $11.4B |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $593M |
| Retained Earnings | -$114M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $477M |
| Minority Interest | $0 |
| TOTAL EQUITY | $477M |
| TOTAL LIABILITIES & EQUITY | $12.1B |
| Total Debt | $10.5B |
| Net Debt | $10.3B |
