| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$112M | -$222M | $421M | 49.4% | -126.7% |
| Op. Income | -$169M | -$282M | $317M | 40.0% | -153.3% |
| Gross Margin | 141.0% | 120.8% | 79.0% | 20.2pp | 62.0pp |
| Net Margin | 63.0% | 8.6% | 9.0% | 54.4pp | 54.0pp |
| EPS (Diluted) | $-0.88 | $-0.32 | $0.32 | -175.0% | -375.0% |
| Free Cash Flow | -$69M | $1.7B | -$999M | -104.0% | 93.0% |
| Item | Amount |
|---|---|
| REVENUE | -$112M |
| Cost of Revenue | $46M |
| GROSS PROFIT | -$158M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $9M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $57M |
| OPERATING INCOME | -$169M |
| Interest Income | $91M |
| Interest Expense | $78M |
| Other Income/Expenses | $129M |
| INCOME BEFORE TAX | -$40M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | -$71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$71M |
| Net Income Deductions | $104.0K |
| BOTTOM LINE NET INCOME | -$81M |
| D&A | $0 |
| EBIT | -$95M |
| EBITDA | -$95M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$71M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$88M |
| Change in Working Capital | $88M |
| OPERATING CASH FLOW | -$69M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $214M |
| NET CASH FROM INVESTING | -$589M |
| Net Debt Issuance | $335M |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $550M |
| NET CASH FROM FINANCING | $802M |
| FREE CASH FLOW | -$69M |
| Net Change in Cash | $144M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $332M |
| Short-Term Investments | $89M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | -$424M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $3.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $13.2B |
| Account Payables | $119M |
| Short-Term Debt | $8.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$19M |
| TOTAL CURRENT LIABILITIES | $8.7B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $11.1B |
| Common Stock | $911.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$445M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $13.2B |
| Total Debt | $10.6B |
| Net Debt | $10.2B |
