| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $864M | $765M | $500M | 13.0% | 73.0% |
| Op. Income | -$205M | -$240M | -$453M | 14.6% | 54.8% |
| Gross Margin | 54.6% | 54.7% | 47.7% | -0.0pp | 7.0pp |
| Net Margin | -11.5% | -32.9% | -92.0% | 21.4pp | 80.4pp |
| EPS (Diluted) | $-0.21 | $-0.76 | $-1.46 | 72.4% | 85.6% |
| Free Cash Flow | $5M | -$47M | -$170M | 111.3% | 103.2% |
| Item | Amount |
|---|---|
| REVENUE | $864M |
| Cost of Revenue | $392M |
| GROSS PROFIT | $472M |
| R&D Expenses | $227M |
| Selling & Marketing | $109M |
| General & Administrative | $232M |
| SG&A Expenses | $341M |
| Other Expenses | $110M |
| Operating Expenses | $677M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$205M |
| Interest Income | $2M |
| Interest Expense | $13M |
| Other Income/Expenses | $112M |
| INCOME BEFORE TAX | -$93M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$100M |
| D&A | $37M |
| EBIT | -$80M |
| EBITDA | -$43M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$100M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $198M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$115M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $16M |
| Purchases of Investments | -$963M |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $123M |
| NET CASH FROM INVESTING | $231M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $244M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $728M |
| Short-Term Investments | $1.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $558M |
| Goodwill | $181M |
| Intangible Assets | $55M |
| Long-Term Investments | $75M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $127M |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $662M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $940M |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $9.5B |
| Retained Earnings | -$8.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $990M |
| Net Debt | $261M |
