| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $57M | $293M | -49.6% | -90.2% |
| Op. Income | -$38M | -$27M | -$233.0K | -40.8% | -16383.3% |
| Gross Margin | 36.5% | 27.3% | 30.8% | 9.2pp | 5.7pp |
| Net Margin | -141.2% | -49.8% | 32.2% | -91.4pp | -173.4pp |
| EPS (Diluted) | $-1.68 | $-1.18 | $3.93 | -42.4% | -142.7% |
| Free Cash Flow | $36M | -$58M | $17M | 162.2% | 109.8% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $67M |
| OPERATING INCOME | -$38M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | $170.0K |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $2M |
| EBIT | -$38M |
| EBITDA | -$37M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $170.0K |
| Other Non-Cash Items | -$264.0K |
| Change in Working Capital | $59M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$61.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$61.0K |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $174M |
| PP&E (Net) | $749M |
| Goodwill | $227M |
| Intangible Assets | $114M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $27M |
| Short-Term Debt | $27M |
| Deferred Revenue | $200M |
| Other Current Liabilities | $58M |
| TOTAL CURRENT LIABILITIES | $348M |
| Long-Term Debt | $380M |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $249.0K |
| Additional Paid-In Capital | $15M |
| Retained Earnings | -$134M |
| Treasury Stock | -$148M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$268M |
| Minority Interest | $3M |
| TOTAL EQUITY | -$265M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
