| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $95M | — | $259M | — | -63.5% |
| Op. Income | $10M | — | $213M | — | -95.3% |
| Gross Margin | 97.3% | — | 85.5% | — | 11.8pp |
| Net Margin | -30.2% | — | 58.4% | — | -88.6pp |
| EPS (Diluted) | $-0.13 | — | $0.69 | — | -118.8% |
| Free Cash Flow | -$646M | — | $94M | — | -786.3% |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $68M |
| General & Administrative | $14M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $87M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | -$559.0K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $511.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $511.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$78M |
| Change in Working Capital | -$544M |
| OPERATING CASH FLOW | -$646M |
| Capital Expenditure | -$187.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$187.0K |
| Net Debt Issuance | $366M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $177M |
| NET CASH FROM FINANCING | $515M |
| FREE CASH FLOW | -$646M |
| Net Change in Cash | -$131M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $193M |
| Short-Term Investments | $0 |
| Net Receivables | $193M |
| Inventory | $0 |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $396M |
| PP&E (Net) | $13M |
| Goodwill | $134M |
| Intangible Assets | $0 |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$2.8B |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$33M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $599M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $979M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.0B |
| Net Debt | $854M |
