| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $441M | $420M | $278M | 5.1% | 58.5% |
| Op. Income | -$157M | -$180M | -$233M | 13.1% | 32.8% |
| Gross Margin | 0.1% | -5.1% | -40.7% | 5.2pp | 40.9pp |
| Net Margin | -53.3% | -58.6% | -110.4% | 5.3pp | 57.1pp |
| EPS (Diluted) | $-0.73 | $-0.77 | $-1.06 | 5.2% | 31.1% |
| Free Cash Flow | -$83M | -$152M | -$201M | 45.4% | 58.8% |
| Item | Amount |
|---|---|
| REVENUE | $441M |
| Cost of Revenue | $441M |
| GROSS PROFIT | $546.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $157M |
| Other Expenses | $0 |
| Operating Expenses | $157M |
| Cost & Expenses | $598M |
| OPERATING INCOME | -$157M |
| Interest Income | $0 |
| Interest Expense | $65M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | -$241M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$235M |
| Net Income from Discontinued Ops | $186.0K |
| Other Adjustments | $0 |
| NET INCOME | -$235M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$241M |
| D&A | $64M |
| EBIT | -$176M |
| EBITDA | -$112M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$235M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $72M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | -$70M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$83M |
| Net Change in Cash | -$77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $330M |
| Inventory | $0 |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $269M |
| Goodwill | $2.6B |
| Intangible Assets | $460M |
| Long-Term Investments | $23M |
| Tax Assets | $22M |
| Other Non-Current Assets | $533M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $99M |
| Short-Term Debt | $30M |
| Deferred Revenue | $118M |
| Other Current Liabilities | $127M |
| TOTAL CURRENT LIABILITIES | $681M |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $50M |
| Other Non-Current Liabilities | $339M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | -$2.9B |
| Treasury Stock | -$498M |
| Accum. Other Comp. Income | -$93M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$364M |
| Minority Interest | $9M |
| TOTAL EQUITY | -$355M |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $4.8B |
| Net Debt | $3.7B |
