| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $433M | — | $146M | — | 195.9% |
| Op. Income | -$356M | — | -$219M | — | -62.3% |
| Gross Margin | -62.8% | — | -116.0% | — | 53.2pp |
| Net Margin | -73.6% | — | -147.8% | — | 74.3pp |
| EPS (Diluted) | $-0.56 | — | $-0.40 | — | -41.2% |
| Free Cash Flow | $599M | — | -$567M | — | 205.7% |
| Item | Amount |
|---|---|
| REVENUE | $433M |
| Cost of Revenue | $705M |
| GROSS PROFIT | -$272M |
| R&D Expenses | $0 |
| Selling & Marketing | $84M |
| General & Administrative | $0 |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $789M |
| OPERATING INCOME | -$356M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | -$379M |
| Income Tax Expense | -$61M |
| Net Income from Continuing Ops | -$319M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$319M |
| D&A | $157M |
| EBIT | -$354M |
| EBITDA | -$197M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$319M |
| Depreciation & Amortization | $157M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$61M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $902M |
| OPERATING CASH FLOW | $695M |
| Capital Expenditure | -$96M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $128M |
| NET CASH FROM INVESTING | $32M |
| Net Debt Issuance | $329M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $332M |
| FREE CASH FLOW | $599M |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.2B |
| Short-Term Investments | $550M |
| Net Receivables | $26M |
| Inventory | $4M |
| Other Current Assets | $532M |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $10.0B |
| Goodwill | $0 |
| Intangible Assets | $171M |
| Long-Term Investments | $0 |
| Tax Assets | $22M |
| Other Non-Current Assets | $182M |
| TOTAL NON-CURRENT ASSETS | $10.4B |
| TOTAL ASSETS | $15.7B |
| Account Payables | $662M |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $275M |
| Other Non-Current Liabilities | $293M |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $10.4B |
| Common Stock | $8M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $391M |
| Other Equity | $4M |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $15.7B |
| Total Debt | $6.7B |
| Net Debt | $2.5B |
