| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $376M | $341M | $252M | 10.1% | 49.1% |
| Op. Income | -$146M | -$114M | -$99M | -28.2% | -47.4% |
| Gross Margin | 75.8% | 78.3% | 72.8% | -2.5pp | 3.0pp |
| Net Margin | -36.9% | -36.2% | -43.9% | -0.7pp | 7.0pp |
| EPS (Diluted) | $-0.07 | $-0.07 | $-0.07 | -7.8% | -4.9% |
| Free Cash Flow | $22M | $116M | $58M | -81.0% | -61.9% |
| Item | Amount |
|---|---|
| REVENUE | $376M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $285M |
| R&D Expenses | $111M |
| Selling & Marketing | $162M |
| General & Administrative | $158M |
| SG&A Expenses | $320M |
| Other Expenses | $0 |
| Operating Expenses | $431M |
| Cost & Expenses | $522M |
| OPERATING INCOME | -$146M |
| Interest Income | $372.0K |
| Interest Expense | $590.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$144M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$139M |
| D&A | $5M |
| EBIT | -$144M |
| EBITDA | -$139M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$139M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $233M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$80M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$697.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$697.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $0 |
| Net Receivables | $243M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $234M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $62M |
| Tax Assets | $0 |
| Other Non-Current Assets | $117M |
| TOTAL NON-CURRENT ASSETS | $413M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $452M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $683M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $103M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $324M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $7.3B |
| Retained Earnings | -$5.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $65.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $250M |
| Net Debt | -$2.1B |
