| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $383M | $342M | $250M | 11.9% | 53.5% |
| Op. Income | -$48M | -$59M | -$44M | 17.3% | -10.2% |
| Gross Margin | 74.5% | 73.5% | 75.2% | 0.9pp | -0.7pp |
| Net Margin | -15.3% | -18.9% | -18.7% | 3.6pp | 3.4pp |
| EPS (Diluted) | $-0.31 | $-0.35 | $-0.26 | 11.4% | -19.2% |
| Free Cash Flow | $38M | $100M | -$14M | -61.9% | 368.9% |
| Item | Amount |
|---|---|
| REVENUE | $383M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $285M |
| R&D Expenses | $73M |
| Selling & Marketing | $210M |
| General & Administrative | $50M |
| SG&A Expenses | $260M |
| Other Expenses | $0 |
| Operating Expenses | $334M |
| Cost & Expenses | $431M |
| OPERATING INCOME | -$48M |
| Interest Income | $1M |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$57M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$58M |
| D&A | $19M |
| EBIT | -$48M |
| EBITDA | -$29M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$58M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $81M |
| Deferred Income Tax | -$766.0K |
| Other Non-Cash Items | $41M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$74M |
| Sales/Maturities of Investments | $103M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$113M |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $375M |
| Short-Term Investments | $224M |
| Net Receivables | $284M |
| Inventory | $0 |
| Other Current Assets | $281.0K |
| TOTAL CURRENT ASSETS | $930M |
| PP&E (Net) | $320M |
| Goodwill | $349M |
| Intangible Assets | $128M |
| Long-Term Investments | $77M |
| Tax Assets | $0 |
| Other Non-Current Assets | $248M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $686M |
| Other Current Liabilities | $114M |
| TOTAL CURRENT LIABILITIES | $923M |
| Long-Term Debt | $486M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $702M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $426M |
| Minority Interest | $0 |
| TOTAL EQUITY | $426M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $686M |
| Net Debt | $311M |
