| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $281M | $252M | $199M | 11.6% | 41.4% |
| Op. Income | -$15M | -$8M | -$14M | -96.7% | -6.6% |
| Gross Margin | 80.5% | 81.2% | 80.8% | -0.7pp | -0.2pp |
| Net Margin | -8.2% | -6.1% | -8.9% | -2.1pp | 0.7pp |
| EPS (Diluted) | $-0.50 | $-0.34 | $-0.41 | -47.1% | -22.0% |
| Free Cash Flow | $51M | $45M | $7M | 13.1% | 619.4% |
| Item | Amount |
|---|---|
| REVENUE | $281M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $227M |
| R&D Expenses | $68M |
| Selling & Marketing | $141M |
| General & Administrative | $32M |
| SG&A Expenses | $173M |
| Other Expenses | $0 |
| Operating Expenses | $242M |
| Cost & Expenses | $296M |
| OPERATING INCOME | -$15M |
| Interest Income | $475.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | -$137.0K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $11M |
| EBIT | -$14M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$440.0K |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$19M |
| Purchases of Investments | -$364M |
| Sales/Maturities of Investments | $377M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$36M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $397M |
| Short-Term Investments | $782M |
| Net Receivables | $110M |
| Inventory | $0 |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $358M |
| Goodwill | $48M |
| Intangible Assets | $40M |
| Long-Term Investments | $106M |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $602M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $18M |
| Short-Term Debt | $12M |
| Deferred Revenue | $336M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $482M |
| Long-Term Debt | $433M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $713M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$506M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $775M |
| Minority Interest | $0 |
| TOTAL EQUITY | $775M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $741M |
| Net Debt | $343M |
