| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $4M | $3M | 59.8% | 107.2% |
| Op. Income | -$55M | -$53M | -$47M | -5.1% | -18.8% |
| Gross Margin | -628.0% | -1012.7% | -974.5% | 384.7pp | 346.5pp |
| Net Margin | -839.6% | -1269.4% | -1429.8% | 429.7pp | 590.2pp |
| EPS (Diluted) | $-0.69 | $-0.66 | $-0.58 | -4.5% | -19.0% |
| Free Cash Flow | -$45M | -$54M | -$46M | 15.4% | 1.9% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $48M |
| GROSS PROFIT | -$41M |
| R&D Expenses | $48M |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | -$48M |
| Operating Expenses | $14M |
| Cost & Expenses | $62M |
| OPERATING INCOME | -$55M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $178.0K |
| INCOME BEFORE TAX | -$55M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$55M |
| D&A | $2M |
| EBIT | -$55M |
| EBITDA | -$54M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$55M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $558.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$45M |
| Capital Expenditure | -$828.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $63M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $57M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$45M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $194M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $329M |
| PP&E (Net) | $60M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $68M |
| TOTAL ASSETS | $397M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $96M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $158.0K |
| TOTAL NON-CURRENT LIABILITIES | $138M |
| TOTAL LIABILITIES | $213M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $702M |
| Retained Earnings | -$517M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $203.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $185M |
| Minority Interest | $0 |
| TOTAL EQUITY | $185M |
| TOTAL LIABILITIES & EQUITY | $397M |
| Total Debt | $50M |
| Net Debt | -$76M |
