| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $485M | $706M | $272M | -31.2% | 78.4% |
| Op. Income | -$23M | $205M | -$146M | -111.2% | 84.3% |
| Gross Margin | 72.5% | 81.7% | 63.5% | -9.2pp | 9.0pp |
| Net Margin | -4.5% | 29.5% | -51.9% | -33.9pp | 47.5pp |
| EPS (Diluted) | $-0.03 | $0.30 | $-0.25 | -111.5% | 86.2% |
| Free Cash Flow | $269M | $97M | $50M | 176.7% | 435.6% |
| Item | Amount |
|---|---|
| REVENUE | $485M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $352M |
| R&D Expenses | $172M |
| Selling & Marketing | $130M |
| General & Administrative | $73M |
| SG&A Expenses | $203M |
| Other Expenses | $0 |
| Operating Expenses | $375M |
| Cost & Expenses | $508M |
| OPERATING INCOME | -$23M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$71.0K |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $7M |
| EBIT | -$21M |
| EBITDA | -$15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $79M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $183M |
| OPERATING CASH FLOW | $271M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$263M |
| Sales/Maturities of Investments | $229M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $269M |
| Net Change in Cash | $245M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $914M |
| Short-Term Investments | $1.1B |
| Net Receivables | $389M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $209M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $235M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $49M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $160M |
| TOTAL CURRENT LIABILITIES | $209M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $154M |
| TOTAL LIABILITIES | $363M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | -$2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $130M |
| Net Debt | -$785M |
