| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $333M | $646M | $175M | -48.4% | 90.2% |
| Op. Income | $12M | $137M | -$53M | -91.0% | 123.3% |
| Gross Margin | 49.8% | 46.4% | 41.7% | 3.4pp | 8.1pp |
| Net Margin | 5.2% | 20.5% | -29.9% | -15.3pp | 35.1pp |
| EPS (Diluted) | $0.12 | $1.01 | $-0.48 | -88.1% | 125.0% |
| Free Cash Flow | -$47M | $203M | -$93M | -123.2% | 49.5% |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $166M |
| R&D Expenses | $56M |
| Selling & Marketing | $57M |
| General & Administrative | $40M |
| SG&A Expenses | $97M |
| Other Expenses | $0 |
| Operating Expenses | $153M |
| Cost & Expenses | $321M |
| OPERATING INCOME | $12M |
| Interest Income | $44.0K |
| Interest Expense | $182.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $9M |
| EBIT | $11M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $166M |
| R&D Expenses | $56M |
| Selling & Marketing | $57M |
| General & Administrative | $40M |
| SG&A Expenses | $97M |
| Other Expenses | $0 |
| Operating Expenses | $153M |
| Cost & Expenses | $321M |
| OPERATING INCOME | $12M |
| Interest Income | $44.0K |
| Interest Expense | $182.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $9M |
| EBIT | $11M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$158.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$83M |
| OPERATING CASH FLOW | -$39M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$47M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $639M |
| Short-Term Investments | $0 |
| Net Receivables | $70M |
| Inventory | $140M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $880M |
| PP&E (Net) | $105M |
| Goodwill | $16M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $168M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $204M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18M |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $371M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $52M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $98M |
| TOTAL LIABILITIES | $469M |
| Common Stock | $126.0K |
| Additional Paid-In Capital | $685M |
| Retained Earnings | -$79M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | -$844.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $579M |
| Minority Interest | $0 |
| TOTAL EQUITY | $579M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $50M |
| Net Debt | -$589M |
