| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $7M | -15.3% | -42.7% |
| Op. Income | -$53M | -$53M | -$42M | 0.2% | -25.1% |
| Gross Margin | -1012.7% | -814.5% | -382.6% | -198.2pp | -630.2pp |
| Net Margin | -1269.4% | -1075.2% | -558.1% | -194.2pp | -711.3pp |
| EPS (Diluted) | $-0.66 | $-0.66 | $-0.53 | 0.0% | -24.5% |
| Free Cash Flow | -$54M | -$48M | -$36M | -10.7% | -49.5% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $46M |
| GROSS PROFIT | -$42M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | -$46M |
| Operating Expenses | $11M |
| Cost & Expenses | $57M |
| OPERATING INCOME | -$53M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $464.0K |
| INCOME BEFORE TAX | -$52M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $2M |
| EBIT | -$53M |
| EBITDA | -$51M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $594.0K |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$947.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $111M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $110M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | $61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $252M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $375M |
| PP&E (Net) | $62M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $66M |
| TOTAL ASSETS | $440M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $105M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $158.0K |
| TOTAL NON-CURRENT LIABILITIES | $148M |
| TOTAL LIABILITIES | $213M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $690M |
| Retained Earnings | -$462M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $410.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $228M |
| Minority Interest | $0 |
| TOTAL EQUITY | $228M |
| TOTAL LIABILITIES & EQUITY | $440M |
| Total Debt | $51M |
| Net Debt | -$60M |
