| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $354M | $304M | $231M | 16.5% | 53.0% |
| Op. Income | -$110M | -$109M | -$176M | -0.1% | 37.9% |
| Gross Margin | 89.7% | 92.5% | 84.8% | -2.8pp | 4.9pp |
| Net Margin | -31.2% | -36.5% | -76.8% | 5.3pp | 45.6pp |
| EPS (Diluted) | $-0.14 | $-0.15 | $-1.61 | 6.7% | 91.3% |
| Free Cash Flow | -$1.0B | -$1.3B | $333M | 17.1% | -411.6% |
| Item | Amount |
|---|---|
| REVENUE | $354M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $317M |
| R&D Expenses | $0 |
| Selling & Marketing | $138M |
| General & Administrative | $137M |
| SG&A Expenses | $275M |
| Other Expenses | $152M |
| Operating Expenses | $427M |
| Cost & Expenses | $463M |
| OPERATING INCOME | -$110M |
| Interest Income | $118M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$110M |
| Income Tax Expense | $752.0K |
| Net Income from Continuing Ops | -$110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$120M |
| D&A | $31M |
| EBIT | -$110M |
| EBITDA | -$79M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$110M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $77M |
| Deferred Income Tax | -$40.0K |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$1.0B |
| OPERATING CASH FLOW | -$1.0B |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $73M |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $72M |
| Other Investing Activities | -$34M |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | $937M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $958M |
| NET CASH FROM FINANCING | $1.9B |
| FREE CASH FLOW | -$1.0B |
| Net Change in Cash | $934M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $26M |
| Net Receivables | $535.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $244M |
| Goodwill | $1.6B |
| Intangible Assets | $679M |
| Long-Term Investments | $7.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $636M |
| TOTAL NON-CURRENT ASSETS | $10.9B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $437M |
| Short-Term Debt | $486M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$437M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $6.7B |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $6.5B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $5.1B |
| Net Debt | $3.8B |
