| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $514M | $325M | $312M | 58.1% | 64.5% |
| Op. Income | -$50M | $142M | $138M | -135.4% | -136.4% |
| Gross Margin | 60.2% | 101.8% | 104.5% | -41.6pp | -44.2pp |
| Net Margin | -3.3% | 34.2% | 34.6% | -37.4pp | -37.9pp |
| EPS (Diluted) | $-0.14 | $1.20 | $1.17 | -111.7% | -112.0% |
| Free Cash Flow | $211M | $219M | $225M | -3.9% | -6.5% |
| Item | Amount |
|---|---|
| REVENUE | $514M |
| Cost of Revenue | $204M |
| GROSS PROFIT | $309M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $148M |
| SG&A Expenses | $151M |
| Other Expenses | $209M |
| Operating Expenses | $360M |
| Cost & Expenses | $564M |
| OPERATING INCOME | -$50M |
| Interest Income | $410M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$50M |
| Income Tax Expense | -$34M |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $17M |
| EBIT | -$50M |
| EBITDA | -$33M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | $190M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $215M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $460M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $564M |
| Other Investing Activities | -$599M |
| NET CASH FROM INVESTING | -$757M |
| Net Debt Issuance | -$94.0K |
| Common Stock Repurchased | -$122M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $1.0B |
| NET CASH FROM FINANCING | $873M |
| FREE CASH FLOW | $211M |
| Net Change in Cash | $332M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $738M |
| Short-Term Investments | $33M |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $490M |
| Goodwill | $2.5B |
| Intangible Assets | $225M |
| Long-Term Investments | $56.2B |
| Tax Assets | $178M |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $62.5B |
| TOTAL ASSETS | $65.1B |
| Account Payables | $0 |
| Short-Term Debt | $519M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $54.4B |
| TOTAL CURRENT LIABILITIES | $55.9B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$107M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $57.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$239M |
| Accum. Other Comp. Income | -$276M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.2B |
| TOTAL LIABILITIES & EQUITY | $65.1B |
| Total Debt | $1.7B |
| Net Debt | $977M |
