| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $7M | $2M | -80.1% | -28.5% |
| Op. Income | -$45M | -$32M | -$24M | -40.1% | -85.2% |
| Gross Margin | 100.0% | 84.8% | 92.3% | 15.2pp | 7.7pp |
| Net Margin | -3441.7% | -503.7% | -1359.3% | -2937.9pp | -2082.4pp |
| EPS (Diluted) | $-0.45 | $-0.34 | $-0.28 | -32.4% | -60.7% |
| Free Cash Flow | -$35M | -$45M | -$19M | 22.2% | -84.1% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$45M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$355.0K |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | -$45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$45M |
| D&A | $365.0K |
| EBIT | -$44M |
| EBITDA | -$44M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$45M |
| Depreciation & Amortization | $365.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$632.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$739.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $543.0K |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $85M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $186M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $205M |
| Account Payables | $3M |
| Short-Term Debt | $36M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $87M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $751M |
| Retained Earnings | -$633M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $118M |
| Minority Interest | $0 |
| TOTAL EQUITY | $118M |
| TOTAL LIABILITIES & EQUITY | $205M |
| Total Debt | $66M |
| Net Debt | -$21M |
