| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $274M | $235M | $184M | 16.5% | 48.4% |
| Op. Income | -$149M | -$111M | -$25M | -34.5% | -500.5% |
| Gross Margin | 78.9% | 75.0% | 78.1% | 3.9pp | 0.8pp |
| Net Margin | -54.2% | -45.8% | -14.8% | -8.5pp | -39.4pp |
| EPS (Diluted) | $-0.53 | $-0.39 | $-0.10 | -35.9% | -430.0% |
| Free Cash Flow | -$33M | -$101M | $4M | 66.7% | -852.9% |
| Item | Amount |
|---|---|
| REVENUE | $274M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $216M |
| R&D Expenses | $154M |
| Selling & Marketing | $75M |
| General & Administrative | $136M |
| SG&A Expenses | $211M |
| Other Expenses | $0 |
| Operating Expenses | $365M |
| Cost & Expenses | $423M |
| OPERATING INCOME | -$149M |
| Interest Income | $70.0K |
| Interest Expense | $485.0K |
| Other Income/Expenses | -$415.0K |
| INCOME BEFORE TAX | -$150M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$148M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$148M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$148M |
| D&A | $12M |
| EBIT | -$149M |
| EBITDA | -$137M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$148M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $85M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$45M |
| Purchases of Investments | -$162M |
| Sales/Maturities of Investments | $100M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$114M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$125M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $587M |
| Net Receivables | $341M |
| Inventory | $0 |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $207M |
| Goodwill | $342M |
| Intangible Assets | $66M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $667M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $123M |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $556M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $136M |
| TOTAL LIABILITIES | $692M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $130M |
| Net Debt | -$872M |
