| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $420M | $327M | $83M | 28.1% | 405.4% |
| Op. Income | -$180M | -$203M | -$384M | 11.0% | 53.0% |
| Gross Margin | -5.1% | -22.0% | -313.4% | 16.9pp | 308.3pp |
| Net Margin | -58.6% | -79.6% | -532.9% | 21.0pp | 474.4pp |
| EPS (Diluted) | $-0.77 | $-0.82 | $-1.61 | 6.1% | 52.2% |
| Free Cash Flow | -$152M | -$204M | -$446M | 25.5% | 66.0% |
| Item | Amount |
|---|---|
| REVENUE | $420M |
| Cost of Revenue | $441M |
| GROSS PROFIT | -$21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $159M |
| Other Expenses | $0 |
| Operating Expenses | $159M |
| Cost & Expenses | $600M |
| OPERATING INCOME | -$180M |
| Interest Income | $0 |
| Interest Expense | $64M |
| Other Income/Expenses | -$67M |
| INCOME BEFORE TAX | -$247M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$245M |
| Net Income from Discontinued Ops | -$81.0K |
| Other Adjustments | $0 |
| NET INCOME | -$246M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$251M |
| D&A | $67M |
| EBIT | -$183M |
| EBITDA | -$116M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$246M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $50M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$141M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $25M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $906.0K |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | -$152M |
| Net Change in Cash | -$163M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $330M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $293M |
| Goodwill | $2.6B |
| Intangible Assets | $476M |
| Long-Term Investments | $23M |
| Tax Assets | $19M |
| Other Non-Current Assets | $572M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $86M |
| Short-Term Debt | $26M |
| Deferred Revenue | $104M |
| Other Current Liabilities | $118M |
| TOTAL CURRENT LIABILITIES | $660M |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $64M |
| Other Non-Current Liabilities | $342M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$2.6B |
| Treasury Stock | -$497M |
| Accum. Other Comp. Income | -$106M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$168M |
| Minority Interest | $8M |
| TOTAL EQUITY | -$160M |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $4.7B |
| Net Debt | $3.6B |
