| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $333M | $326M | $249M | 2.2% | 33.6% |
| Op. Income | -$40M | $25M | $20M | -257.1% | -303.6% |
| Gross Margin | 45.0% | 44.5% | 32.1% | 0.5pp | 12.9pp |
| Net Margin | 11.7% | 4.0% | 6.7% | 7.7pp | 4.9pp |
| EPS (Diluted) | $0.35 | $0.12 | $0.15 | 191.7% | 133.3% |
| Free Cash Flow | $30M | $71M | $52M | -58.4% | -43.4% |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $183M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $179M |
| SG&A Expenses | $190M |
| Other Expenses | $0 |
| Operating Expenses | $190M |
| Cost & Expenses | $373M |
| OPERATING INCOME | -$40M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$53M |
| Income Tax Expense | -$92M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $9M |
| EBIT | -$40M |
| EBITDA | -$31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $115M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$149M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $131M |
| Common Stock Repurchased | -$300M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$301M |
| NET CASH FROM FINANCING | -$170M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$140M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $87M |
| Inventory | $110M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $287M |
| PP&E (Net) | $356M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $375M |
| TOTAL ASSETS | $663M |
| Account Payables | $66M |
| Short-Term Debt | $12M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $257M |
| Long-Term Debt | $329M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $563M |
| TOTAL LIABILITIES | $820M |
| Common Stock | $1M |
| Additional Paid-In Capital | $114M |
| Retained Earnings | -$273M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $182.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$158M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$158M |
| TOTAL LIABILITIES & EQUITY | $663M |
| Total Debt | $616M |
| Net Debt | $566M |
