| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $342M | $297M | $236M | 15.2% | 45.2% |
| Op. Income | -$59M | -$42M | -$65M | -40.1% | 9.4% |
| Gross Margin | 73.5% | 75.1% | 74.0% | -1.6pp | -0.5pp |
| Net Margin | -18.9% | -16.1% | -29.1% | -2.8pp | 10.3pp |
| EPS (Diluted) | $-0.35 | $-0.26 | $-0.39 | -34.6% | 10.3% |
| Free Cash Flow | $100M | $33M | $12M | 204.6% | 741.9% |
| Item | Amount |
|---|---|
| REVENUE | $342M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $252M |
| R&D Expenses | $64M |
| Selling & Marketing | $195M |
| General & Administrative | $51M |
| SG&A Expenses | $246M |
| Other Expenses | $0 |
| Operating Expenses | $310M |
| Cost & Expenses | $401M |
| OPERATING INCOME | -$59M |
| Interest Income | $2M |
| Interest Expense | $8M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$64M |
| Income Tax Expense | $842.0K |
| Net Income from Continuing Ops | -$65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$65M |
| D&A | $18M |
| EBIT | -$56M |
| EBITDA | -$38M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$65M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $69M |
| Deferred Income Tax | -$180.0K |
| Other Non-Cash Items | $37M |
| Change in Working Capital | $60M |
| OPERATING CASH FLOW | $118M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $131M |
| Other Investing Activities | -$180M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$87M |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $100M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $404M |
| Short-Term Investments | $270M |
| Net Receivables | $242M |
| Inventory | $0 |
| Other Current Assets | $280.0K |
| TOTAL CURRENT ASSETS | $968M |
| PP&E (Net) | $319M |
| Goodwill | $349M |
| Intangible Assets | $136M |
| Long-Term Investments | $66M |
| Tax Assets | $0 |
| Other Non-Current Assets | $215M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $624M |
| Other Current Liabilities | $112M |
| TOTAL CURRENT LIABILITIES | $854M |
| Long-Term Debt | $479M |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $697M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $502M |
| Minority Interest | $0 |
| TOTAL EQUITY | $502M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $687M |
| Net Debt | $283M |
