| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $836M | $417M | 49.6% | 200.1% |
| Op. Income | -$355M | -$263M | -$164M | -34.8% | -116.7% |
| Gross Margin | 12.0% | 14.4% | 7.4% | -2.4pp | 4.6pp |
| Net Margin | -15.0% | -27.9% | -27.6% | 12.8pp | 12.6pp |
| EPS (Diluted) | $-0.22 | $-0.27 | $-0.13 | 19.1% | -65.2% |
| Free Cash Flow | $0 | $0 | $16M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $150M |
| R&D Expenses | $212M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $294M |
| Other Expenses | -$2M |
| Operating Expenses | $505M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$355M |
| Interest Income | $39M |
| Interest Expense | $2M |
| Other Income/Expenses | $171M |
| INCOME BEFORE TAX | -$184M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$188M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$188M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$188M |
| D&A | $0 |
| EBIT | -$182M |
| EBITDA | -$182M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$188M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $175M |
| 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 | $1.6B |
| Short-Term Investments | $4.2B |
| Net Receivables | $607M |
| Inventory | $389M |
| Other Current Assets | $410M |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $1.0B |
| Goodwill | $0 |
| Intangible Assets | $215M |
| Long-Term Investments | $226M |
| Tax Assets | $742M |
| Other Non-Current Assets | $253M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $1.8B |
| Short-Term Debt | $16M |
| Deferred Revenue | $61M |
| Other Current Liabilities | $554M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $419M |
| Deferred Revenue NC | $70M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $115M |
| TOTAL NON-CURRENT LIABILITIES | $802M |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $16.4K |
| Additional Paid-In Capital | $8.8B |
| Retained Earnings | -$2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$240M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $473M |
| Net Debt | -$1.1B |
