| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $256M | $326M | $226M | -21.3% | 13.4% |
| Op. Income | -$65M | $1M | -$62M | -5581.3% | -5.7% |
| Gross Margin | 67.1% | 74.0% | 65.6% | -6.9pp | 1.6pp |
| Net Margin | -22.0% | 11.4% | -8.5% | -33.5pp | -13.5pp |
| EPS (Diluted) | $-0.35 | $0.21 | $-0.12 | -261.9% | -189.5% |
| Free Cash Flow | -$28M | -$5M | -$8M | -499.1% | -254.4% |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $172M |
| R&D Expenses | $65M |
| Selling & Marketing | $152M |
| General & Administrative | $20M |
| SG&A Expenses | $173M |
| Other Expenses | $0 |
| Operating Expenses | $237M |
| Cost & Expenses | $322M |
| OPERATING INCOME | -$65M |
| Interest Income | $166.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$81M |
| Income Tax Expense | -$25M |
| Net Income from Continuing Ops | -$56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $9M |
| EBIT | -$79M |
| EBITDA | -$71M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$56M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $32M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $235M |
| Net Receivables | $395M |
| Inventory | $0 |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $829M |
| PP&E (Net) | $0 |
| Goodwill | $82M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $645M |
| TOTAL NON-CURRENT ASSETS | $727M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $229M |
| Other Current Liabilities | $99M |
| TOTAL CURRENT LIABILITIES | $400M |
| Long-Term Debt | $590M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $695M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $817.0K |
| Additional Paid-In Capital | $148M |
| Retained Earnings | $316M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $460M |
| Minority Interest | $0 |
| TOTAL EQUITY | $460M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $677M |
| Net Debt | $560M |
