| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $452M | $590M | $267M | -23.3% | 69.1% |
| Op. Income | -$258M | -$337M | -$119.0K | 23.5% | -216633.6% |
| Gross Margin | -1.6% | -0.0% | 6.7% | -1.6pp | -8.3pp |
| Net Margin | -60.7% | -57.1% | -0.5% | -3.6pp | -60.2pp |
| EPS (Diluted) | $-3.90 | $-4.80 | $-0.38 | 18.8% | -923.6% |
| Free Cash Flow | -$254M | -$215M | -$5M | -18.3% | -4704.9% |
| Item | Amount |
|---|---|
| REVENUE | $452M |
| Cost of Revenue | $459M |
| GROSS PROFIT | -$7M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $213M |
| SG&A Expenses | $213M |
| Other Expenses | -$50.0K |
| Operating Expenses | $251M |
| Cost & Expenses | $710M |
| OPERATING INCOME | -$258M |
| Interest Income | $6M |
| Interest Expense | $18M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$270M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$274M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$274M |
| Net Income Deductions | -$290M |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $37M |
| EBIT | -$258M |
| EBITDA | -$221M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$274M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $46M |
| Change in Working Capital | $228M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$294M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$295M |
| NET CASH FROM INVESTING | -$297M |
| Net Debt Issuance | $96M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $96M |
| FREE CASH FLOW | -$254M |
| Net Change in Cash | -$172M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $350.2K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $800M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $800M |
| TOTAL ASSETS | $802M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $118M |
| Common Stock | $800M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$116M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $122M |
| Other Equity | -$122M |
| TOTAL STOCKHOLDERS' EQUITY | $684M |
| Minority Interest | $0 |
| TOTAL EQUITY | $684M |
| TOTAL LIABILITIES & EQUITY | $802M |
| Total Debt | $3M |
| Net Debt | $2M |
