| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $297M | $275M | $214M | 8.0% | 38.8% |
| Op. Income | -$42M | -$42M | -$42M | 1.2% | 1.4% |
| Gross Margin | 75.1% | 75.2% | 75.7% | -0.2pp | -0.6pp |
| Net Margin | -16.1% | -17.2% | -21.4% | 1.2pp | 5.3pp |
| EPS (Diluted) | $-0.26 | $-0.26 | $-0.27 | 0.0% | 3.7% |
| Free Cash Flow | $33M | $16M | $30M | 110.9% | 7.7% |
| Item | Amount |
|---|---|
| REVENUE | $297M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $223M |
| R&D Expenses | $54M |
| Selling & Marketing | $172M |
| General & Administrative | $39M |
| SG&A Expenses | $211M |
| Other Expenses | $0 |
| Operating Expenses | $265M |
| Cost & Expenses | $339M |
| OPERATING INCOME | -$42M |
| Interest Income | $3M |
| Interest Expense | $8M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$48M |
| D&A | $14M |
| EBIT | -$38M |
| EBITDA | -$24M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | -$104.0K |
| Other Non-Cash Items | $35M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $199M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $170M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $201M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $442M |
| Short-Term Investments | $316M |
| Net Receivables | $234M |
| Inventory | $0 |
| Other Current Assets | $280.0K |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $296M |
| Goodwill | $194M |
| Intangible Assets | $52M |
| Long-Term Investments | $140M |
| Tax Assets | $0 |
| Other Non-Current Assets | $196M |
| TOTAL NON-CURRENT ASSETS | $878M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $552M |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $730M |
| Long-Term Debt | $472M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $669M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $523M |
| Minority Interest | $0 |
| TOTAL EQUITY | $523M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $674M |
| Net Debt | $231M |
