| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $982M | $679M | 8.7% | 57.3% |
| Op. Income | -$181M | -$193M | -$168M | 6.1% | -7.7% |
| Gross Margin | 58.5% | 54.7% | 56.8% | 3.8pp | 1.6pp |
| Net Margin | -6.7% | -15.4% | -29.4% | 8.7pp | 22.7pp |
| EPS (Diluted) | $-0.05 | $-0.10 | $-0.14 | 53.6% | 67.5% |
| Free Cash Flow | $52M | -$116M | -$70M | 144.7% | 174.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $443M |
| GROSS PROFIT | $624M |
| R&D Expenses | $412M |
| Selling & Marketing | $218M |
| General & Administrative | $175M |
| SG&A Expenses | $393M |
| Other Expenses | $0 |
| Operating Expenses | $805M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$181M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | $110M |
| INCOME BEFORE TAX | -$71M |
| Income Tax Expense | $992.0K |
| Net Income from Continuing Ops | -$72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$72M |
| D&A | $33M |
| EBIT | -$67M |
| EBITDA | -$34M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$72M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $301M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$116M |
| Change in Working Capital | -$74M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$37M |
| Purchases of Investments | -$610M |
| Sales/Maturities of Investments | $513M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$155M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $1.5B |
| Net Receivables | $914M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $481M |
| Goodwill | $1.5B |
| Intangible Assets | $261M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $413M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $92M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $808M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $318M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $11.7B |
| Retained Earnings | -$8.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $2.6B |
| Net Debt | $628M |
