| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $550M | — | $657M | — | -16.2% |
| Op. Income | $50M | — | $76M | — | -34.6% |
| Gross Margin | 85.1% | — | 62.9% | — | 22.2pp |
| Net Margin | -59.8% | — | 6.0% | — | -65.8pp |
| EPS (Diluted) | $-1.24 | — | $0.16 | — | -875.0% |
| Free Cash Flow | -$2.8B | — | $34M | — | -8461.6% |
| Item | Amount |
|---|---|
| REVENUE | $550M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $468M |
| R&D Expenses | $109M |
| Selling & Marketing | $205M |
| General & Administrative | $104M |
| SG&A Expenses | $309M |
| Other Expenses | $0 |
| Operating Expenses | $418M |
| Cost & Expenses | $500M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | -$347M |
| Other Adjustments | $0 |
| NET INCOME | -$329M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $22M |
| EBIT | $58M |
| EBITDA | $80M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$328M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $79M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $357M |
| Change in Working Capital | -$2.9B |
| OPERATING CASH FLOW | -$2.8B |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $14M |
| Purchases of Investments | -$509M |
| Sales/Maturities of Investments | $367M |
| Other Investing Activities | -$511M |
| NET CASH FROM INVESTING | -$674M |
| Net Debt Issuance | $2.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$470.0K |
| NET CASH FROM FINANCING | $2.2B |
| FREE CASH FLOW | -$2.8B |
| Net Change in Cash | -$1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $1.0B |
| Net Receivables | $161M |
| Inventory | $3.8B |
| Other Current Assets | $552M |
| TOTAL CURRENT ASSETS | $7.8B |
| PP&E (Net) | $361M |
| Goodwill | $2.4B |
| Intangible Assets | $195M |
| Long-Term Investments | $25M |
| Tax Assets | -$25M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $10.8B |
| Account Payables | $31M |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $54M |
| Other Current Liabilities | $262M |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$159M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $26.0K |
| Additional Paid-In Capital | $7.2B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $151.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $10.8B |
| Total Debt | $4.8B |
| Net Debt | $2.6B |
