| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $131M | $148M | — | -11.3% | — |
| Op. Income | -$441M | -$308M | — | -43.0% | — |
| Gross Margin | -73.4% | -67.2% | — | -6.2pp | — |
| Net Margin | -396.6% | -248.8% | — | -147.8pp | — |
| EPS (Diluted) | $-0.22 | $-0.16 | — | -41.4% | — |
| Free Cash Flow | -$364M | -$442M | — | 17.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $228M |
| GROSS PROFIT | -$96M |
| R&D Expenses | $262M |
| Selling & Marketing | $37M |
| General & Administrative | $22M |
| SG&A Expenses | $59M |
| Other Expenses | $22M |
| Operating Expenses | $344M |
| Cost & Expenses | $572M |
| OPERATING INCOME | -$441M |
| Interest Income | $1M |
| Interest Expense | $72M |
| Other Income/Expenses | -$81M |
| INCOME BEFORE TAX | -$522M |
| Income Tax Expense | -$243.7K |
| Net Income from Continuing Ops | -$521M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$521M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$521M |
| D&A | $62M |
| EBIT | -$441M |
| EBITDA | -$379M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$521M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $88M |
| Change in Working Capital | $127M |
| OPERATING CASH FLOW | -$245M |
| Capital Expenditure | -$119M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$630.7K |
| NET CASH FROM INVESTING | -$120M |
| Net Debt Issuance | $350M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $25M |
| NET CASH FROM FINANCING | $375M |
| FREE CASH FLOW | -$364M |
| Net Change in Cash | $9M |
