| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $590M | $548M | $365M | 7.6% | 61.7% |
| Op. Income | -$196M | -$164M | -$93M | -19.3% | -111.5% |
| Gross Margin | 43.5% | 48.7% | 50.9% | -5.2pp | -7.4pp |
| Net Margin | -35.0% | -32.7% | -26.0% | -2.3pp | -9.0pp |
| EPS (Diluted) | $-1.24 | $-1.13 | $-0.68 | -9.7% | -82.4% |
| Free Cash Flow | -$11M | $1M | $590.0K | -1062.5% | -1950.0% |
| Item | Amount |
|---|---|
| REVENUE | $590M |
| Cost of Revenue | $333M |
| GROSS PROFIT | $257M |
| R&D Expenses | $175M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $278M |
| Other Expenses | $0 |
| Operating Expenses | $453M |
| Cost & Expenses | $786M |
| OPERATING INCOME | -$196M |
| Interest Income | $4M |
| Interest Expense | $6M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$206M |
| Income Tax Expense | $890.0K |
| Net Income from Continuing Ops | -$207M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$207M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$207M |
| D&A | $71M |
| EBIT | -$200M |
| EBITDA | -$128M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$207M |
| Depreciation & Amortization | $60M |
| Stock-Based Compensation | $137M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | $33M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$67M |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $357M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $985M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $2.8B |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $3.4B |
| Net Receivables | $258M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $437M |
| Goodwill | $4.6B |
| Intangible Assets | $952M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $124M |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $67M |
| Short-Term Debt | $0 |
| Deferred Revenue | $94M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $500M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $171.0K |
| Additional Paid-In Capital | $11.6B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.2B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $1.5B |
| Net Debt | -$824M |
