| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.9B | $956M | -16.5% | 238.9% |
| Op. Income | -$606M | -$299M | -$643M | -102.5% | 5.7% |
| Gross Margin | 51.5% | 56.6% | 72.0% | -5.1pp | -20.5pp |
| Net Margin | -13.1% | -5.2% | -63.0% | -7.9pp | 49.9pp |
| EPS (Diluted) | $-0.34 | $-0.16 | $-0.52 | -107.1% | 34.8% |
| Free Cash Flow | -$544M | $2.2B | -$83M | -125.0% | -556.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $324M |
| Selling & Marketing | $1.9B |
| General & Administrative | $51M |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | -$606M |
| Interest Income | $142M |
| Interest Expense | $49M |
| Other Income/Expenses | $181M |
| INCOME BEFORE TAX | -$425M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$425M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$425M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$425M |
| D&A | $24M |
| EBIT | -$606M |
| EBITDA | -$582M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$425M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $142M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$262M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$544M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$821M |
| NET CASH FROM INVESTING | -$821M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$181M |
| NET CASH FROM FINANCING | -$181M |
| FREE CASH FLOW | -$544M |
| Net Change in Cash | -$1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $9.7B |
| Net Receivables | $706M |
| Inventory | $0 |
| Other Current Assets | $7.5B |
| TOTAL CURRENT ASSETS | $20.4B |
| PP&E (Net) | $129M |
| Goodwill | $0 |
| Intangible Assets | $171M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $22.4B |
| Account Payables | $7.2B |
| Short-Term Debt | $93M |
| Deferred Revenue | $261M |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $11.6B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $360.5K |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $13.3B |
| Common Stock | $23.5K |
| Additional Paid-In Capital | $13.3B |
| Retained Earnings | -$4.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$78M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.1B |
| TOTAL LIABILITIES & EQUITY | $22.4B |
| Total Debt | $1.9B |
| Net Debt | -$612M |
