| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$222M | $221M | -$77M | -200.3% | -188.6% |
| Op. Income | -$282M | $154M | -$185M | -282.8% | -52.5% |
| Gross Margin | 120.8% | 77.6% | 223.6% | 43.2pp | -102.8pp |
| Net Margin | 8.6% | -7.6% | -93.1% | 16.3pp | 101.8pp |
| EPS (Diluted) | $-0.32 | $-0.28 | $0.67 | -14.3% | -147.8% |
| Free Cash Flow | $1.7B | -$105M | -$1.9B | 1766.4% | 193.5% |
| Item | Amount |
|---|---|
| REVENUE | -$222M |
| Cost of Revenue | $46M |
| GROSS PROFIT | -$268M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $12M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $60M |
| OPERATING INCOME | -$282M |
| Interest Income | $51M |
| Interest Expense | $64M |
| Other Income/Expenses | $300M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $37M |
| 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 | -$30M |
| D&A | $0 |
| EBIT | -$222M |
| EBITDA | -$222M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $1.9B |
| Change in Working Capital | -$117M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$730M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | $463M |
| NET CASH FROM INVESTING | -$197M |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | -$45M |
| Other Financing Activities | -$522.0K |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | $129M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $188M |
| Short-Term Investments | $236M |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | -$445M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $3.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.4B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $12.4B |
| Account Payables | $113M |
| Short-Term Debt | $7.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.3B |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $10.2B |
| Common Stock | $930.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$321M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $9.8B |
| Net Debt | $9.6B |
