| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.3B | $770M | -18.1% | 38.1% |
| Op. Income | -$272M | -$25M | -$304M | -980.6% | 10.6% |
| Gross Margin | 60.4% | 65.4% | 46.4% | -5.0pp | 14.0pp |
| Net Margin | -33.8% | 1.7% | -37.3% | -35.6pp | 3.4pp |
| EPS (Diluted) | $-0.22 | $0.01 | $-0.19 | -1729.6% | -15.8% |
| Free Cash Flow | $106M | $161M | $126M | -34.0% | -15.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $421M |
| GROSS PROFIT | $642M |
| R&D Expenses | $456M |
| Selling & Marketing | $242M |
| General & Administrative | $216M |
| SG&A Expenses | $458M |
| Other Expenses | $0 |
| Operating Expenses | $913M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$272M |
| Interest Income | $3M |
| Interest Expense | $5M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | -$351M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | -$360M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$360M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$360M |
| D&A | $38M |
| EBIT | -$346M |
| EBITDA | -$308M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$360M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $275M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $82M |
| Change in Working Capital | $92M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | -$788.0K |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $352M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$175M |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $106M |
| Net Change in Cash | $419M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $2.6B |
| Net Receivables | $942M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $640M |
| Goodwill | $1.6B |
| Intangible Assets | $292M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $307M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $8.9B |
| Account Payables | $180M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $843M |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $375M |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $12.2B |
| Retained Earnings | -$8.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $8.9B |
| Total Debt | $4.2B |
| Net Debt | $1.8B |
