| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $293M | $259M | $240M | 13.1% | 22.3% |
| Op. Income | -$30M | -$165M | -$43M | 81.9% | 30.0% |
| Gross Margin | 91.9% | 89.0% | 83.8% | 3.0pp | 8.2pp |
| Net Margin | -10.2% | -63.7% | -17.9% | 53.5pp | 7.6pp |
| EPS (Diluted) | $-0.05 | $-0.48 | $-0.46 | 89.6% | 89.1% |
| Free Cash Flow | -$208M | -$277M | -$888M | 24.8% | 76.6% |
| Item | Amount |
|---|---|
| REVENUE | $293M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $270M |
| R&D Expenses | $0 |
| Selling & Marketing | $115M |
| General & Administrative | $40M |
| SG&A Expenses | $155M |
| Other Expenses | $144M |
| Operating Expenses | $299M |
| Cost & Expenses | $323M |
| OPERATING INCOME | -$30M |
| Interest Income | $94M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $181.0K |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $24M |
| EBIT | -$30M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $73M |
| Deferred Income Tax | $62.0K |
| Other Non-Cash Items | -$58M |
| Change in Working Capital | -$205M |
| OPERATING CASH FLOW | -$197M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$225M |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | $434M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $442M |
| FREE CASH FLOW | -$208M |
| Net Change in Cash | $86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $534M |
| Short-Term Investments | $17M |
| Net Receivables | $397.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $551M |
| PP&E (Net) | $217M |
| Goodwill | $899M |
| Intangible Assets | $465M |
| Long-Term Investments | $5.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $495M |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $325M |
| Short-Term Debt | $497M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$151M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $80.0K |
| Additional Paid-In Capital | $5.3B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$458.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $3.0B |
| Net Debt | $2.5B |
