| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $166M | $186M | $140M | -10.6% | 18.7% |
| Op. Income | -$92M | -$93M | -$29M | 0.6% | -223.2% |
| Gross Margin | 9.5% | 15.9% | 29.9% | -6.4pp | -20.4pp |
| Net Margin | -52.6% | -42.9% | -23.1% | -9.7pp | -29.5pp |
| EPS (Diluted) | $-2.95 | $-2.68 | $-1.08 | -10.1% | -173.1% |
| Free Cash Flow | -$124M | -$153M | -$78M | 19.2% | -58.4% |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $150M |
| GROSS PROFIT | $16M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $104M |
| Other Expenses | -$332.0K |
| Operating Expenses | $108M |
| Cost & Expenses | $258M |
| OPERATING INCOME | -$92M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$89M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$87M |
| D&A | $11M |
| EBIT | -$85M |
| EBITDA | -$75M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$87M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$69M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$124M |
| Net Change in Cash | -$77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $219M |
| Short-Term Investments | $192M |
| Net Receivables | $135M |
| Inventory | $99M |
| Other Current Assets | $3.8K |
| TOTAL CURRENT ASSETS | $666M |
| PP&E (Net) | $713M |
| Goodwill | $127M |
| Intangible Assets | $16M |
| Long-Term Investments | $6M |
| Tax Assets | $2M |
| Other Non-Current Assets | $157 |
| TOTAL NON-CURRENT ASSETS | $863M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $76M |
| Short-Term Debt | $5M |
| Deferred Revenue | -$742.0K |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $240M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $144M |
| TOTAL LIABILITIES | $384M |
| Common Stock | $105.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$386M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$97M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $155M |
| Net Debt | -$64M |
