| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $231M | $204M | $138M | 13.0% | 66.8% |
| Op. Income | -$209M | -$27M | -$82M | -682.0% | -156.9% |
| Gross Margin | 45.3% | 71.4% | 65.8% | -26.1pp | -20.5pp |
| Net Margin | -124.4% | -13.0% | -61.9% | -111.4pp | -62.5pp |
| EPS (Diluted) | $-1.06 | $-0.13 | $-0.41 | -715.4% | -158.5% |
| Free Cash Flow | -$129M | -$51M | -$13M | -154.4% | -858.9% |
| Item | Amount |
|---|---|
| REVENUE | $231M |
| Cost of Revenue | $126M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $58M |
| General & Administrative | $180M |
| SG&A Expenses | $238M |
| Other Expenses | $76M |
| Operating Expenses | $314M |
| Cost & Expenses | $440M |
| OPERATING INCOME | -$209M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | -$287M |
| Income Tax Expense | -$70.0K |
| Net Income from Continuing Ops | -$287M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$287M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$287M |
| D&A | $5M |
| EBIT | -$272M |
| EBITDA | -$267M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$287M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $180M |
| Deferred Income Tax | -$70.0K |
| Other Non-Cash Items | $56M |
| Change in Working Capital | -$77M |
| OPERATING CASH FLOW | -$123M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$203M |
| NET CASH FROM INVESTING | -$200M |
| Net Debt Issuance | $725M |
| Common Stock Repurchased | -$3.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$128M |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | -$129M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $0 |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $113M |
| Goodwill | $261M |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $277M |
| TOTAL NON-CURRENT ASSETS | $670M |
| TOTAL ASSETS | $4.8B |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $179M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | -$735M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $2.1B |
| Net Debt | $491M |
