| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $341M | $322M | $229M | 5.9% | 48.8% |
| Op. Income | -$114M | -$157M | -$70M | 27.2% | -62.4% |
| Gross Margin | 78.3% | 78.1% | 72.0% | 0.2pp | 6.3pp |
| Net Margin | -36.2% | -46.1% | -23.7% | 9.9pp | -12.5pp |
| EPS (Diluted) | $-0.07 | $-0.08 | $-0.06 | 18.1% | -13.2% |
| Free Cash Flow | $116M | -$23M | -$290M | 604.0% | 140.0% |
| Item | Amount |
|---|---|
| REVENUE | $341M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $267M |
| R&D Expenses | $98M |
| Selling & Marketing | $136M |
| General & Administrative | $147M |
| SG&A Expenses | $283M |
| Other Expenses | $0 |
| Operating Expenses | $381M |
| Cost & Expenses | $455M |
| OPERATING INCOME | -$114M |
| Interest Income | $376.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$120M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$123M |
| D&A | $3M |
| EBIT | -$119M |
| EBITDA | -$115M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$123M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $194M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$708.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$708.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $206M |
| NET CASH FROM FINANCING | $206M |
| FREE CASH FLOW | $116M |
| Net Change in Cash | $320M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $0 |
| Net Receivables | $151M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $241M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $72M |
| Tax Assets | $0 |
| Other Non-Current Assets | $112M |
| TOTAL NON-CURRENT ASSETS | $424M |
| TOTAL ASSETS | $3.0B |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $437M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $668M |
| Long-Term Debt | $198M |
| Deferred Revenue NC | $116M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $541M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $6.9B |
| Retained Earnings | -$5.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $865.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $453M |
| Net Debt | -$1.9B |
