| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.3B | $431M | -12.9% | 152.6% |
| Op. Income | -$281M | -$355M | -$132M | 21.0% | -112.5% |
| Gross Margin | 12.2% | 12.0% | 11.2% | 0.3pp | 1.0pp |
| Net Margin | -22.8% | -15.0% | -26.7% | -7.8pp | 3.8pp |
| EPS (Diluted) | $-0.29 | $-0.22 | $-0.13 | -31.6% | -117.4% |
| Free Cash Flow | $0 | $0 | -$116M | — | 100.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $956M |
| GROSS PROFIT | $133M |
| R&D Expenses | $178M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $240M |
| Other Expenses | -$5M |
| Operating Expenses | $414M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | -$281M |
| Interest Income | $33M |
| Interest Expense | $3M |
| Other Income/Expenses | $32M |
| INCOME BEFORE TAX | -$248M |
| Income Tax Expense | $354.2K |
| Net Income from Continuing Ops | -$249M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$249M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$249M |
| D&A | $0 |
| EBIT | -$245M |
| EBITDA | -$245M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$249M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $249M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $3.8B |
| Net Receivables | $602M |
| Inventory | $536M |
| Other Current Assets | $430M |
| TOTAL CURRENT ASSETS | $6.7B |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $451M |
| Long-Term Investments | $240M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $2.0B |
| Short-Term Debt | $70M |
| Deferred Revenue | $69M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $330M |
| Deferred Revenue NC | $83M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $406M |
| TOTAL NON-CURRENT LIABILITIES | $935M |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $16.4K |
| Additional Paid-In Capital | $8.8B |
| Retained Earnings | -$2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$254M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $661M |
| Net Debt | -$701M |
