| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $734M | $865M | $574M | -15.2% | 27.8% |
| Op. Income | -$23M | $21M | $76M | -210.0% | -131.0% |
| Gross Margin | 49.7% | 43.9% | 56.9% | 5.8pp | -7.2pp |
| Net Margin | -3.6% | 2.7% | 13.3% | -6.3pp | -16.9pp |
| EPS (Diluted) | $-0.19 | $0.17 | $0.54 | -211.8% | -135.2% |
| Free Cash Flow | $87M | -$37M | $92M | 332.4% | -5.5% |
| Item | Amount |
|---|---|
| REVENUE | $734M |
| Cost of Revenue | $369M |
| GROSS PROFIT | $365M |
| R&D Expenses | $164M |
| Selling & Marketing | $147M |
| General & Administrative | $78M |
| SG&A Expenses | $224M |
| Other Expenses | $0 |
| Operating Expenses | $388M |
| Cost & Expenses | $757M |
| OPERATING INCOME | -$23M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$648.0K |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $23M |
| EBIT | -$23M |
| EBITDA | -$452.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $70M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $45M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | $89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $0 |
| Net Receivables | $676M |
| Inventory | $73M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $587M |
| Goodwill | $162M |
| Intangible Assets | $80M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $295M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $138M |
| Short-Term Debt | $89M |
| Deferred Revenue | $54M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $855M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $26M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $88M |
| TOTAL NON-CURRENT LIABILITIES | $558M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | -$116M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$41.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $576M |
| Net Debt | -$1.7B |
