| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $770M | $911M | $462M | -15.6% | 66.4% |
| Op. Income | -$304M | -$97M | -$286M | -212.2% | -6.0% |
| Gross Margin | 46.4% | 57.7% | 45.2% | -11.3pp | 1.2pp |
| Net Margin | -37.3% | -12.4% | -66.2% | -24.9pp | 28.9pp |
| EPS (Diluted) | $-0.19 | $-0.08 | $-0.21 | -149.3% | 9.5% |
| Free Cash Flow | $126M | -$69M | -$5M | 282.7% | 2835.1% |
| Item | Amount |
|---|---|
| REVENUE | $770M |
| Cost of Revenue | $413M |
| GROSS PROFIT | $357M |
| R&D Expenses | $349M |
| Selling & Marketing | $150M |
| General & Administrative | $162M |
| SG&A Expenses | $312M |
| Other Expenses | $0 |
| Operating Expenses | $661M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$304M |
| Interest Income | $1M |
| Interest Expense | $5M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | -$285M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$287M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$287M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$287M |
| D&A | $23M |
| EBIT | -$280M |
| EBITDA | -$257M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$287M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $237M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | $178M |
| OPERATING CASH FLOW | $137M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$109M |
| Purchases of Investments | -$525M |
| Sales/Maturities of Investments | $925M |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | $281M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $126M |
| Net Change in Cash | $422M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $968M |
| Short-Term Investments | $1.6B |
| Net Receivables | $613M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $446M |
| Goodwill | $1.0B |
| Intangible Assets | $132M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $216M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $126M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $752M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $9.8B |
| Retained Earnings | -$8.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $2.6B |
| Net Debt | $1.6B |
