| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $520M | $462M | $188M | 12.6% | 177.3% |
| Op. Income | -$198M | -$212M | -$190M | 6.5% | -4.2% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -38.3% | -45.8% | -101.2% | 7.4pp | 62.9pp |
| EPS (Diluted) | $-0.95 | $-1.02 | $-0.93 | 6.9% | -2.2% |
| Free Cash Flow | $27M | -$595M | $86M | 104.6% | -68.2% |
| Item | Amount |
|---|---|
| REVENUE | $520M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $520M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $90M |
| SG&A Expenses | $90M |
| Other Expenses | $629M |
| Operating Expenses | $719M |
| Cost & Expenses | $719M |
| OPERATING INCOME | -$198M |
| Interest Income | $0 |
| Interest Expense | $397.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$198M |
| Income Tax Expense | -$111.0K |
| Net Income from Continuing Ops | -$198M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | -$199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$199M |
| D&A | $4M |
| EBIT | -$198M |
| EBITDA | -$194M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$198M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$109.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $198M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$284M |
| Sales/Maturities of Investments | $268M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $587M |
| Net Receivables | $611M |
| Inventory | $0 |
| Other Current Assets | -$2.3B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $47M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $587M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$634M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $3.3B |
| Account Payables | $719M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.5B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | -$2.0B |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $5M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $0 |
| Net Debt | -$1.1B |
