| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | $185M | — | -20.0% | — |
| Op. Income | -$308M | -$498M | — | 38.2% | — |
| Gross Margin | -67.2% | -57.0% | — | -10.2pp | — |
| Net Margin | -248.8% | -292.8% | — | 44.1pp | — |
| EPS (Diluted) | $-0.16 | $-0.23 | — | 32.1% | — |
| Free Cash Flow | -$442M | -$312M | — | -41.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $248M |
| GROSS PROFIT | -$100M |
| R&D Expenses | $137M |
| Selling & Marketing | $50M |
| General & Administrative | $20M |
| SG&A Expenses | $71M |
| Other Expenses | $1M |
| Operating Expenses | $209M |
| Cost & Expenses | $456M |
| OPERATING INCOME | -$308M |
| Interest Income | $2M |
| Interest Expense | $59M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$330M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | -$369M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$368M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$368M |
| D&A | $64M |
| EBIT | -$308M |
| EBITDA | -$245M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$369M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $57M |
| Deferred Income Tax | $39M |
| Other Non-Cash Items | -$90M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | -$350M |
| Capital Expenditure | -$92M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$83M |
| Net Debt Issuance | $152M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $229M |
| NET CASH FROM FINANCING | $381M |
| FREE CASH FLOW | -$442M |
| Net Change in Cash | -$51M |
