| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $178M | $164M | $99M | 8.6% | 78.5% |
| Op. Income | -$186M | -$194M | -$210M | 4.1% | 11.4% |
| Gross Margin | 82.5% | 85.9% | 86.6% | -3.4pp | -4.1pp |
| Net Margin | -112.8% | -148.9% | -183.2% | 36.1pp | 70.4pp |
| EPS (Diluted) | $-1.71 | $-2.09 | $-1.62 | 18.2% | -5.6% |
| Free Cash Flow | -$253M | -$145M | -$266M | -74.6% | 4.9% |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $147M |
| R&D Expenses | $186M |
| Selling & Marketing | $0 |
| General & Administrative | $147M |
| SG&A Expenses | $147M |
| Other Expenses | $0 |
| Operating Expenses | $333M |
| Cost & Expenses | $364M |
| OPERATING INCOME | -$186M |
| Interest Income | $450.0K |
| Interest Expense | $33M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$199M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$200M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$200M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$200M |
| D&A | $13M |
| EBIT | -$167M |
| EBITDA | -$154M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$200M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $56M |
| Deferred Income Tax | -$47M |
| Other Non-Cash Items | $59M |
| Change in Working Capital | -$126M |
| OPERATING CASH FLOW | -$236M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$346M |
| Sales/Maturities of Investments | $439M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $71M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $51M |
| FREE CASH FLOW | -$253M |
| Net Change in Cash | -$117M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $380M |
| Short-Term Investments | $1.3B |
| Net Receivables | $111M |
| Inventory | $74M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $702M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $583M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $116M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $495M |
| Long-Term Debt | $192M |
| Deferred Revenue NC | $208M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $5.7B |
| Retained Earnings | -$4.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $926M |
| Minority Interest | $0 |
| TOTAL EQUITY | $926M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $519M |
| Net Debt | $139M |
