| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $456M | $435M | — | 5.0% | — |
| Op. Income | -$162M | -$172M | — | 5.6% | — |
| Gross Margin | 74.6% | 73.8% | — | 0.9pp | — |
| Net Margin | -36.6% | -40.7% | — | 4.1pp | — |
| EPS (Diluted) | $-0.97 | $-1.03 | — | 5.8% | — |
| Free Cash Flow | -$80M | $16M | — | -605.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $456M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $341M |
| R&D Expenses | $75M |
| Selling & Marketing | $67M |
| General & Administrative | $317M |
| SG&A Expenses | $383M |
| Other Expenses | $44M |
| Operating Expenses | $503M |
| Cost & Expenses | $618M |
| OPERATING INCOME | -$162M |
| Interest Income | $407.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$171M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$167M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$167M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$167M |
| D&A | $46M |
| EBIT | -$168M |
| EBITDA | -$121M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$167M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $64M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | -$41M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$106M |
| Sales/Maturities of Investments | $99M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $81.0K |
| NET CASH FROM FINANCING | $81.0K |
| FREE CASH FLOW | -$80M |
| Net Change in Cash | -$90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $274M |
| Short-Term Investments | $945M |
| Net Receivables | $250M |
| Inventory | $95M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $692M |
| Goodwill | $2.2B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $42M |
| Short-Term Debt | $314M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $710M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $437M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | -$2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $133.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $2.4B |
| Net Debt | $2.1B |
