| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $274M | $201M | 4.7% | 42.6% |
| Op. Income | -$127M | -$149M | -$142M | 15.0% | 10.5% |
| Gross Margin | 77.8% | 78.9% | 76.3% | -1.1pp | 1.5pp |
| Net Margin | -40.2% | -54.2% | -72.1% | 14.0pp | 31.9pp |
| EPS (Diluted) | $-0.41 | $-0.53 | $-0.54 | 22.6% | 24.1% |
| Free Cash Flow | $34M | -$33M | $11M | 202.2% | 214.3% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $223M |
| R&D Expenses | $178M |
| Selling & Marketing | $97M |
| General & Administrative | $74M |
| SG&A Expenses | $171M |
| Other Expenses | $0 |
| Operating Expenses | $350M |
| Cost & Expenses | $413M |
| OPERATING INCOME | -$127M |
| Interest Income | $0 |
| Interest Expense | $64.0K |
| Other Income/Expenses | -$64.0K |
| INCOME BEFORE TAX | -$127M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | -$115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$115M |
| D&A | $15M |
| EBIT | -$127M |
| EBITDA | -$112M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$115M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $97M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$356M |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$305M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$247M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $755M |
| Short-Term Investments | $525M |
| Net Receivables | $301M |
| Inventory | $0 |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $203M |
| Goodwill | $639M |
| Intangible Assets | $132M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $129M |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $579M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $132M |
| TOTAL LIABILITIES | $711M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | -$1.2B |
| 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 | $122M |
| Net Debt | -$633M |
