| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $192M | $421M | $287M | -54.4% | -33.2% |
| Op. Income | $107M | $317M | $193M | -66.2% | -44.4% |
| Gross Margin | 60.6% | 79.0% | 71.1% | -18.3pp | -10.5pp |
| Net Margin | -18.7% | 9.0% | 34.6% | -27.8pp | -53.3pp |
| EPS (Diluted) | $-0.45 | $0.32 | $0.94 | -240.6% | -147.9% |
| Free Cash Flow | $154M | -$999M | -$2.0B | 115.4% | 107.9% |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | -$383.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $107M |
| Interest Income | $58M |
| Interest Expense | $75M |
| Other Income/Expenses | -$148M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$36M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $0 |
| EBIT | $179M |
| EBITDA | $179M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | -$795.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $277M |
| Change in Working Capital | -$86M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$257M |
| Sales/Maturities of Investments | $130M |
| Other Investing Activities | $231M |
| NET CASH FROM INVESTING | $105M |
| Net Debt Issuance | -$197M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $71M |
| NET CASH FROM FINANCING | -$195M |
| FREE CASH FLOW | $154M |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $116M |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | -$267M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $2.8B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$2.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $13.9B |
| Account Payables | $158M |
| Short-Term Debt | $9.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.6B |
| TOTAL CURRENT LIABILITIES | $7.4B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $970.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$184M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $11.0B |
| Net Debt | $10.9B |
