| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $389M | $188M | $123M | 107.2% | 215.7% |
| Op. Income | -$88M | -$190M | -$96M | 53.8% | 8.4% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -22.9% | -101.2% | -78.7% | 78.3pp | 55.8pp |
| EPS (Diluted) | $-0.43 | $-0.93 | $-0.48 | 53.8% | 10.4% |
| Free Cash Flow | $311M | $86M | $102M | 263.2% | 203.9% |
| Item | Amount |
|---|---|
| REVENUE | $389M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $389M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $65M |
| SG&A Expenses | $65M |
| Other Expenses | $412M |
| Operating Expenses | $477M |
| Cost & Expenses | $477M |
| OPERATING INCOME | -$88M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$88M |
| Income Tax Expense | $965.0K |
| Net Income from Continuing Ops | -$89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$89M |
| D&A | $3M |
| EBIT | -$84M |
| EBITDA | -$81M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$89M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $8.0K |
| Other Non-Cash Items | $34M |
| Change in Working Capital | $350M |
| OPERATING CASH FLOW | $318M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$246M |
| Sales/Maturities of Investments | $218M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$153M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $311M |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $389M |
| Net Receivables | $38M |
| Inventory | $0 |
| Other Current Assets | $431M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $39M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $389M |
| Tax Assets | $485.0K |
| Other Non-Current Assets | -$389M |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $3.6B |
| Account Payables | $618M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.5B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | -$1.5B |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $604.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $0 |
| Net Debt | -$2.3B |
