| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $535M | $550M | $789M | -2.7% | -32.2% |
| Op. Income | $32M | $50M | $89M | -36.0% | -64.2% |
| Gross Margin | 82.2% | 85.1% | 59.8% | -2.8pp | 22.5pp |
| Net Margin | -48.8% | -59.8% | 5.8% | 11.0pp | -54.6pp |
| EPS (Diluted) | $-1.03 | $-1.24 | $0.18 | 16.9% | -672.2% |
| Free Cash Flow | -$250M | -$2.8B | -$345M | 91.2% | 27.5% |
| Item | Amount |
|---|---|
| REVENUE | $535M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $440M |
| R&D Expenses | $114M |
| Selling & Marketing | $183M |
| General & Administrative | $60M |
| SG&A Expenses | $243M |
| Other Expenses | $51M |
| Operating Expenses | $408M |
| Cost & Expenses | $503M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | -$267M |
| Other Adjustments | $0 |
| NET INCOME | -$261M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $30M |
| EBIT | $44M |
| EBITDA | $74M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$261M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $80M |
| Deferred Income Tax | $454.0K |
| Other Non-Cash Items | $205M |
| Change in Working Capital | -$286M |
| OPERATING CASH FLOW | -$215M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | -$579.0K |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $510M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | $468M |
| Net Debt Issuance | $333M |
| Common Stock Repurchased | -$302M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $60M |
| FREE CASH FLOW | -$250M |
| Net Change in Cash | $312M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $514M |
| Net Receivables | $77M |
| Inventory | $3.9B |
| Other Current Assets | $708M |
| TOTAL CURRENT ASSETS | $7.7B |
| PP&E (Net) | $345M |
| Goodwill | $2.4B |
| Intangible Assets | $176M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $120M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $10.7B |
| Account Payables | $11M |
| Short-Term Debt | $113M |
| Deferred Revenue | $51M |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $7.0B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $10.7B |
| Total Debt | $1.6B |
| Net Debt | -$711M |
