| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $679M | $556M | $382M | 22.2% | 77.9% |
| Op. Income | -$283M | -$195M | -$116M | -45.3% | -143.9% |
| Gross Margin | 14.6% | 18.9% | 20.8% | -4.3pp | -6.2pp |
| Net Margin | -41.7% | -36.4% | -32.9% | -5.3pp | -8.8pp |
| EPS (Diluted) | $-9.81 | $-1.23 | $-1.18 | -695.7% | -732.2% |
| Free Cash Flow | -$237M | -$164M | -$78M | -44.2% | -203.6% |
| Item | Amount |
|---|---|
| REVENUE | $679M |
| Cost of Revenue | $580M |
| GROSS PROFIT | $99M |
| R&D Expenses | $30M |
| Selling & Marketing | $60M |
| General & Administrative | $292M |
| SG&A Expenses | $352M |
| Other Expenses | $0 |
| Operating Expenses | $382M |
| Cost & Expenses | $962M |
| OPERATING INCOME | -$283M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | $25.7K |
| INCOME BEFORE TAX | -$283M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$283M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$283M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$316M |
| D&A | $0 |
| EBIT | -$280M |
| EBITDA | -$280M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$283M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $46M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$237M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$747M |
| NET CASH FROM INVESTING | -$747M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $502M |
| NET CASH FROM FINANCING | $502M |
| FREE CASH FLOW | -$237M |
| Net Change in Cash | -$491M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $153M |
| Short-Term Investments | $911M |
| Net Receivables | $12M |
| Inventory | $74M |
| Other Current Assets | $292.2K |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $307M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $331M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $312M |
| Short-Term Debt | $358M |
| Deferred Revenue | $24M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $913M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $146M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $146 |
| Additional Paid-In Capital | $54M |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $473M |
| Minority Interest | $0 |
| TOTAL EQUITY | $473M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $609M |
| Net Debt | $455M |
