| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $11M | $0 | 167.0% | — |
| Op. Income | -$533.0K | -$18M | -$23M | 97.1% | 97.6% |
| Gross Margin | 15.7% | -115.0% | — | 130.7pp | — |
| Net Margin | -1.4% | -161.5% | — | 160.1pp | — |
| EPS (Diluted) | $-0.02 | $-0.66 | $-0.79 | 97.6% | 98.0% |
| Free Cash Flow | $9M | -$24M | -$20M | 137.1% | 144.3% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $5M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$25M |
| Operating Expenses | $5M |
| Cost & Expenses | $31M |
| OPERATING INCOME | -$533.0K |
| Interest Income | $104.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $104.0K |
| INCOME BEFORE TAX | -$429.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$429.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$429.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$429.0K |
| D&A | $911.0K |
| EBIT | -$429.0K |
| EBITDA | $482.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$429.0K |
| Depreciation & Amortization | $785.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $126.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$863.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $38M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $554.0K |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $332M |
| Short-Term Investments | $59M |
| Net Receivables | $642.0K |
| Inventory | $0 |
| Other Current Assets | $60.0K |
| TOTAL CURRENT ASSETS | $398M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $258.0K |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $427M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $668M |
| Retained Earnings | -$283M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$176.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $386M |
| Minority Interest | $0 |
| TOTAL EQUITY | $386M |
| TOTAL LIABILITIES & EQUITY | $427M |
| Total Debt | $21M |
| Net Debt | -$311M |
