| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $121M | $105M | $79M | 15.4% | 52.6% |
| Op. Income | -$11M | -$7M | -$5M | -64.3% | -139.2% |
| Gross Margin | 66.2% | 66.0% | 63.3% | 0.3pp | 2.9pp |
| Net Margin | -20.1% | -15.2% | -17.2% | -4.9pp | -2.9pp |
| EPS (Diluted) | $-0.13 | $-0.08 | $-0.07 | -56.4% | -84.1% |
| Free Cash Flow | $11M | -$8M | $10M | 232.0% | 14.6% |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $80M |
| R&D Expenses | $12M |
| Selling & Marketing | $23M |
| General & Administrative | $32M |
| SG&A Expenses | $55M |
| Other Expenses | $24M |
| Operating Expenses | $91M |
| Cost & Expenses | $132M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $367.0K |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $24M |
| EBIT | -$11M |
| EBITDA | $13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $145.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | $2M |
| Acquisitions (Net) | $100.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $108M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $199M |
| Short-Term Investments | $0 |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $267M |
| PP&E (Net) | $14M |
| Goodwill | $720M |
| Intangible Assets | $468M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $12M |
| Short-Term Debt | $8M |
| Deferred Revenue | $29M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $758M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $789M |
| TOTAL LIABILITIES | $883M |
| Common Stock | $0 |
| Additional Paid-In Capital | $39M |
| Retained Earnings | -$472M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $603M |
| Minority Interest | $0 |
| TOTAL EQUITY | $603M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $766M |
| Net Debt | $567M |
