| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $131M | $120M | — | 9.3% | — |
| Op. Income | -$81M | -$65M | — | -24.6% | — |
| Gross Margin | -1.5% | -3.5% | — | 1.9pp | — |
| Net Margin | -72.5% | -58.6% | — | -14.0pp | — |
| EPS (Diluted) | $-0.68 | $-0.59 | — | -15.3% | — |
| Free Cash Flow | -$35M | -$55M | — | 35.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $133M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $20M |
| Selling & Marketing | $22M |
| General & Administrative | $28M |
| SG&A Expenses | $50M |
| Other Expenses | $9M |
| Operating Expenses | $79M |
| Cost & Expenses | $212M |
| OPERATING INCOME | -$81M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$96M |
| Income Tax Expense | -$753.0K |
| Net Income from Continuing Ops | -$95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$95M |
| D&A | $10M |
| EBIT | -$87M |
| EBITDA | -$78M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$95M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | -$753.0K |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $407M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $436M |
| PP&E (Net) | $11M |
| Goodwill | $489M |
| Intangible Assets | $200M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $706M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $33M |
| Short-Term Debt | $5M |
| Deferred Revenue | $24M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $218M |
| Long-Term Debt | $308M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $21.0K |
| TOTAL NON-CURRENT LIABILITIES | $318M |
| TOTAL LIABILITIES | $536M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$791M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $618M |
| Minority Interest | -$11M |
| TOTAL EQUITY | $606M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $321M |
| Net Debt | -$86M |
