| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $341M | $440M | $382M | -22.6% | -10.9% |
| Op. Income | -$154M | $91M | $94M | -269.8% | -264.0% |
| Gross Margin | -12.9% | 13.0% | 24.9% | -25.9pp | -37.8pp |
| Net Margin | -51.0% | 17.4% | 18.6% | -68.4pp | -69.6pp |
| EPS (Diluted) | $-0.82 | $0.36 | $0.34 | -327.8% | -341.2% |
| Free Cash Flow | -$51M | $7M | $24M | -798.6% | -312.7% |
| Item | Amount |
|---|---|
| REVENUE | $341M |
| Cost of Revenue | $384M |
| GROSS PROFIT | -$44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $102M |
| Operating Expenses | $110M |
| Cost & Expenses | $494M |
| OPERATING INCOME | -$154M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$167M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$174M |
| Net Income Deductions | $368.0K |
| BOTTOM LINE NET INCOME | -$174M |
| D&A | $74M |
| EBIT | -$166M |
| EBITDA | -$91M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$174M |
| Depreciation & Amortization | $74M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $132M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$72M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | -$51M |
| Net Change in Cash | -$77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $195M |
| Short-Term Investments | $46M |
| Net Receivables | $178M |
| Inventory | $435M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $872M |
| PP&E (Net) | $2.2B |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $112M |
| Tax Assets | $55M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $65M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $358M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $160M |
| Other Non-Current Liabilities | $271M |
| TOTAL NON-CURRENT LIABILITIES | $488M |
| TOTAL LIABILITIES | $846M |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$746M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $93M |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $5M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $56M |
| Net Debt | -$139M |
