2022 Q1 Form 10-Q Financial Statement

#000003321322000014 Filed on April 28, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue -$579.1M $949.9M
YoY Change -160.96% -14.19%
Cost Of Revenue $516.1M $445.8M
YoY Change 15.77% 1.35%
Gross Profit -$1.095B $504.1M
YoY Change -317.24% -24.44%
Gross Profit Margin 53.07%
Selling, General & Admin $69.10M $45.01M
YoY Change 53.53% 28.82%
% of Gross Profit 8.93%
Research & Development $772.0K $900.0K
YoY Change -14.22% 0.0%
% of Gross Profit 0.18%
Depreciation & Amortization $422.1M $377.1M
YoY Change 11.93% 5.48%
% of Gross Profit 74.8%
Operating Expenses $69.10M $45.01M
YoY Change 53.53% 28.82%
Operating Profit -$1.888B $8.845M
YoY Change -21448.4% -92.83%
Interest Expense $67.90M $70.47M
YoY Change -3.65% 12.98%
% of Operating Profit 796.76%
Other Income/Expense, Net $3.596M $3.304M
YoY Change 8.84% -86.63%
Pretax Income -$1.980B -$50.90M
YoY Change 3790.53% -62.1%
Income Tax -$465.7M -$12.96M
% Of Pretax Income
Net Earnings -$1.516B -$37.43M
YoY Change 3950.68% -77.61%
Net Earnings / Revenue -3.94%
Basic Earnings Per Share -$4.05 -$0.13
Diluted Earnings Per Share -$4.05 -$0.13
COMMON SHARES
Basic Shares Outstanding 374.1M shares 278.9M shares
Diluted Shares Outstanding 374.1M shares 278.9M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.91M $41.00M
YoY Change -58.75% 115.79%
Cash & Equivalents $16.91M $40.67M
Short-Term Investments
Other Short-Term Assets $1.796B $591.0M
YoY Change 203.96% -46.13%
Inventory
Prepaid Expenses
Receivables $1.213B $682.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.026B $1.314B
YoY Change 130.34% -32.56%
LONG-TERM ASSETS
Property, Plant & Equipment $18.30B $15.90B
YoY Change 15.08% -0.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $463.5M $437.7M
YoY Change 5.91% 128.12%
Total Long-Term Assets $18.79B $16.73B
YoY Change 12.33% 0.24%
TOTAL ASSETS
Total Short-Term Assets $3.026B $1.314B
Total Long-Term Assets $18.79B $16.73B
Total Assets $21.81B $18.04B
YoY Change 20.93% -3.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.416B $812.3M
YoY Change 74.36% 17.34%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $493.8M $29.29M
YoY Change 1585.89% 80.19%
Total Short-Term Liabilities $7.605B $1.750B
YoY Change 334.58% 18.79%
LONG-TERM LIABILITIES
Long-Term Debt $4.556B $4.777B
YoY Change -4.62% -4.86%
Other Long-Term Liabilities $1.013B $923.8M
YoY Change 9.67% 3.34%
Total Long-Term Liabilities $1.013B $923.8M
YoY Change 9.67% 3.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.605B $1.750B
Total Long-Term Liabilities $1.013B $923.8M
Total Liabilities $13.61B $8.809B
YoY Change 54.48% -2.13%
SHAREHOLDERS EQUITY
Retained Earnings -$1.725B $1.008B
YoY Change -271.2% -45.48%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.848M $21.47M
YoY Change -86.73% -30.41%
Treasury Stock Shares 192.0K shares 1.222M shares
Shareholders Equity $8.189B $9.220B
YoY Change
Total Liabilities & Shareholders Equity $21.81B $18.04B
YoY Change 20.93% -3.19%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$1.516B -$37.43M
YoY Change 3950.68% -77.61%
Depreciation, Depletion And Amortization $422.1M $377.1M
YoY Change 11.93% 5.48%
Cash From Operating Activities $1.021B $399.9M
YoY Change 155.36% -20.06%
INVESTING ACTIVITIES
Capital Expenditures $292.3M $251.3M
YoY Change 16.32% -1.9%
Acquisitions
YoY Change
Other Investing Activities $149.0K -$3.367M
YoY Change -104.43% 2305.0%
Cash From Investing Activities -$291.2M -$247.9M
YoY Change 17.45% 21.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $216.5M $0.00
YoY Change
Debt Paid & Issued, Net $570.2M $126.4M
YoY Change 351.1% -92.57%
Cash From Financing Activities -$827.1M -$129.5M
YoY Change 538.46% -54.15%
NET CHANGE
Cash From Operating Activities $1.021B $399.9M
Cash From Investing Activities -$291.2M -$247.9M
Cash From Financing Activities -$827.1M -$129.5M
Net Change In Cash -$97.05M $22.46M
YoY Change -532.1% 59.8%
FREE CASH FLOW
Cash From Operating Activities $1.021B $399.9M
Capital Expenditures $292.3M $251.3M
Free Cash Flow $728.9M $148.6M
YoY Change 390.41% -39.11%

Facts In Submission

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