| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $781M | $861M | $798M | -9.3% | -2.2% |
| Op. Income | -$36M | $48M | $115M | -175.5% | -131.1% |
| Gross Margin | 77.1% | 79.2% | 81.2% | -2.1pp | -4.0pp |
| Net Margin | -15.9% | -11.0% | 28.9% | -4.9pp | -44.8pp |
| EPS (Diluted) | $-0.19 | $-0.15 | $0.38 | -29.4% | -150.6% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $781M |
| Cost of Revenue | $179M |
| GROSS PROFIT | $602M |
| R&D Expenses | $337M |
| Selling & Marketing | $186M |
| General & Administrative | $116M |
| SG&A Expenses | $301M |
| Other Expenses | $0 |
| Operating Expenses | $638M |
| Cost & Expenses | $817M |
| OPERATING INCOME | -$36M |
| Interest Income | $71M |
| Interest Expense | $56M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | -$113M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | -$127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$124M |
| D&A | $44M |
| EBIT | -$36M |
| EBITDA | $8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$124M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $75M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $49M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $5.4B |
| Net Receivables | $762M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11.2B |
| PP&E (Net) | $942M |
| Goodwill | $8.7B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $6.3B |
| Tax Assets | $252M |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $18.2B |
| TOTAL ASSETS | $29.3B |
| Account Payables | $1.1B |
| Short-Term Debt | $6.6B |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $10.7B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $514M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $13.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $16.1B |
| TOTAL STOCKHOLDERS' EQUITY | $16.1B |
| Minority Interest | $135M |
| TOTAL EQUITY | $16.2B |
| TOTAL LIABILITIES & EQUITY | $29.3B |
| Total Debt | $8.5B |
| Net Debt | $5.5B |
