| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $270M | $212M | $231M | 27.5% | 16.9% |
| Op. Income | $14M | $65M | $36M | -78.6% | -61.1% |
| Gross Margin | 50.9% | 41.3% | 52.7% | 9.6pp | -1.7pp |
| Net Margin | -3.8% | 4.0% | 0.8% | -7.9pp | -4.7pp |
| EPS (Diluted) | $-1.15 | $0.96 | $0.23 | -219.8% | -600.0% |
| Free Cash Flow | -$758M | -$172M | $36M | -340.5% | -2224.9% |
| Item | Amount |
|---|---|
| REVENUE | $270M |
| Cost of Revenue | $132M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $47M |
| SG&A Expenses | $47M |
| Other Expenses | $77M |
| Operating Expenses | $123M |
| Cost & Expenses | $256M |
| OPERATING INCOME | $14M |
| Interest Income | $4M |
| Interest Expense | $34M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $2M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$148M |
| Change in Working Capital | $69M |
| OPERATING CASH FLOW | -$86M |
| Capital Expenditure | -$672M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$394M |
| Sales/Maturities of Investments | $407M |
| Other Investing Activities | -$680M |
| NET CASH FROM INVESTING | -$670M |
| Net Debt Issuance | $752M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | $731M |
| FREE CASH FLOW | -$758M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $0 |
| Net Receivables | $8.0B |
| Inventory | $0 |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $9.1B |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $2.1B |
| Long-Term Investments | $13M |
| Tax Assets | $4M |
| Other Non-Current Assets | $559M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $11.8B |
| Account Payables | $0 |
| Short-Term Debt | $40M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $262M |
| Long-Term Debt | $10.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $754M |
| TOTAL NON-CURRENT LIABILITIES | $11.1B |
| TOTAL LIABILITIES | $11.3B |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $590M |
| Retained Earnings | -$133M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $447M |
| Minority Interest | $0 |
| TOTAL EQUITY | $447M |
| TOTAL LIABILITIES & EQUITY | $11.8B |
| Total Debt | $10.3B |
| Net Debt | $10.1B |
