| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $2M | $1M | 263.8% | 442.6% |
| Op. Income | -$32M | -$28M | -$22M | -15.8% | -47.0% |
| Gross Margin | 84.8% | 99.8% | 100.0% | -15.0pp | -15.2pp |
| Net Margin | -503.7% | -1596.2% | -1844.4% | 1092.5pp | 1340.7pp |
| EPS (Diluted) | $-0.34 | $-0.32 | $-0.25 | -6.3% | -36.0% |
| Free Cash Flow | -$45M | -$18M | -$25M | -152.2% | -80.2% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $6M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | -$49.0K |
| Operating Expenses | $38M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$32M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $1.0K |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $422.0K |
| EBIT | -$32M |
| EBITDA | -$32M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $422.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $193.0K |
| Other Non-Cash Items | $911.0K |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | -$44M |
| Capital Expenditure | -$778.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $498.0K |
| NET CASH FROM FINANCING | $35M |
| FREE CASH FLOW | -$45M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $94M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $205M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $958.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $210M |
| Account Payables | $5M |
| Short-Term Debt | $17M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $79M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $719M |
| Retained Earnings | -$588M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $131M |
| Minority Interest | $0 |
| TOTAL EQUITY | $131M |
| TOTAL LIABILITIES & EQUITY | $210M |
| Total Debt | $53M |
| Net Debt | -$31M |
