| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $242M | $236M | $267M | 2.7% | -9.5% |
| Op. Income | $6M | $3M | $380.0K | 120.1% | 1588.9% |
| Gross Margin | 56.8% | 56.0% | 54.1% | 0.8pp | 2.6pp |
| Net Margin | -1.3% | -3.7% | -8.8% | 2.5pp | 7.5pp |
| EPS (Diluted) | $-0.02 | $-0.07 | $-0.20 | 65.9% | 87.7% |
| Free Cash Flow | $33M | $22M | $18M | 52.0% | 84.3% |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $137M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $131M |
| Cost & Expenses | $236M |
| OPERATING INCOME | $6M |
| Interest Income | $82.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $19M |
| EBIT | $5M |
| EBITDA | $24M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $316.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $184M |
| Short-Term Investments | $0 |
| Net Receivables | $128M |
| Inventory | $50M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $403M |
| PP&E (Net) | $101M |
| Goodwill | $331M |
| Intangible Assets | $52M |
| Long-Term Investments | -$3M |
| Tax Assets | $3M |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $543M |
| TOTAL ASSETS | $946M |
| Account Payables | $54M |
| Short-Term Debt | $38M |
| Deferred Revenue | $198M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $422M |
| Long-Term Debt | $329M |
| Deferred Revenue NC | $111M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $506M |
| TOTAL LIABILITIES | $928M |
| Common Stock | $130.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$992M |
| Treasury Stock | -$43M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $946M |
| Total Debt | $428M |
| Net Debt | $244M |
