| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $235M | $123M | $59M | 91.1% | 298.3% |
| Op. Income | -$35M | -$84M | -$164M | 58.3% | 78.7% |
| Gross Margin | 91.9% | 90.2% | 83.1% | 1.7pp | 8.9pp |
| Net Margin | -17.0% | -65.0% | -259.3% | 48.0pp | 242.3pp |
| EPS (Diluted) | $-0.29 | $-0.59 | $-1.14 | 50.8% | 74.6% |
| Free Cash Flow | $110M | -$29M | -$94M | 479.3% | 217.0% |
| Item | Amount |
|---|---|
| REVENUE | $235M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $216M |
| R&D Expenses | $0 |
| Selling & Marketing | $123M |
| General & Administrative | $46M |
| SG&A Expenses | $169M |
| Other Expenses | $82M |
| Operating Expenses | $251M |
| Cost & Expenses | $270M |
| OPERATING INCOME | -$35M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $28M |
| EBIT | -$35M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$40M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $107M |
| OPERATING CASH FLOW | $125M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$29M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $110M |
| Net Change in Cash | $101M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $775M |
| Short-Term Investments | $0 |
| Net Receivables | $206M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $271M |
| Goodwill | $855M |
| Intangible Assets | $74M |
| Long-Term Investments | $38M |
| Tax Assets | $39M |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $49M |
| Other Current Liabilities | $301M |
| TOTAL CURRENT LIABILITIES | $444M |
| Long-Term Debt | $832M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $225M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $269M |
| Treasury Stock | -$722M |
| Accum. Other Comp. Income | -$43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $779M |
| Minority Interest | $0 |
| TOTAL EQUITY | $779M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $962M |
| Net Debt | $187M |
