| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $609M | $570M | $956M | 6.9% | -36.3% |
| Op. Income | -$416M | -$453M | -$414M | 8.2% | -0.6% |
| Gross Margin | 32.3% | 31.2% | 43.2% | 1.1pp | -10.9pp |
| Net Margin | -70.2% | -80.4% | -41.7% | 10.2pp | -28.5pp |
| EPS (Diluted) | $-1.31 | $-1.46 | $-1.31 | 10.3% | 0.0% |
| Free Cash Flow | -$90M | -$287M | -$241M | 68.6% | 62.7% |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $412M |
| GROSS PROFIT | $197M |
| R&D Expenses | $238M |
| Selling & Marketing | $79M |
| General & Administrative | $208M |
| SG&A Expenses | $286M |
| Other Expenses | $89M |
| Operating Expenses | $613M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | -$416M |
| Interest Income | $3M |
| Interest Expense | $13M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$425M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$427M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$427M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$427M |
| D&A | $34M |
| EBIT | -$413M |
| EBITDA | -$378M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$427M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $164M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $136M |
| OPERATING CASH FLOW | -$79M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $161M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | -$90M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $312M |
| Short-Term Investments | $1.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $569M |
| Goodwill | $183M |
| Intangible Assets | $61M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $70M |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $652M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $916M |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $9.1B |
| Retained Earnings | -$7.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$255.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $995M |
| Net Debt | $683M |
