| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $765M | $609M | $339M | 25.6% | 125.4% |
| Op. Income | -$240M | -$416M | -$487M | 42.3% | 50.7% |
| Gross Margin | 54.7% | 32.3% | 25.9% | 22.3pp | 28.7pp |
| Net Margin | -32.9% | -70.2% | -128.8% | 37.2pp | 95.9pp |
| EPS (Diluted) | $-0.76 | $-1.31 | $-1.41 | 42.0% | 46.1% |
| Free Cash Flow | -$47M | -$90M | -$773M | 47.4% | 93.9% |
| Item | Amount |
|---|---|
| REVENUE | $765M |
| Cost of Revenue | $347M |
| GROSS PROFIT | $418M |
| R&D Expenses | $252M |
| Selling & Marketing | $100M |
| General & Administrative | $213M |
| SG&A Expenses | $312M |
| Other Expenses | $94M |
| Operating Expenses | $658M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | -$240M |
| Interest Income | $2M |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$251M |
| Income Tax Expense | $692.0K |
| Net Income from Continuing Ops | -$252M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$252M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$252M |
| D&A | $35M |
| EBIT | -$238M |
| EBITDA | -$204M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$252M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $201M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $9M |
| Purchases of Investments | -$947M |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $181M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | -$47M |
| Net Change in Cash | $172M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $484M |
| Short-Term Investments | $1.8B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $570M |
| Goodwill | $181M |
| Intangible Assets | $59M |
| Long-Term Investments | $75M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $77M |
| Short-Term Debt | $41M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $660M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $915M |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $9.3B |
| Retained Earnings | -$8.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $993M |
| Net Debt | $508M |
