| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $872.2K | $2M | 37.0% | -28.8% |
| Op. Income | -$138M | -$146M | -$97M | 5.6% | -41.8% |
| Gross Margin | 100.0% | 100.0% | -4327.4% | 0.0pp | 4427.4pp |
| Net Margin | -13148.1% | -8417.2% | -6610.9% | -4731.0pp | -6537.3pp |
| EPS (Diluted) | $-2.92 | $-1.37 | $-2.30 | -113.7% | -26.9% |
| Free Cash Flow | -$139M | -$101M | -$72M | -37.8% | -93.1% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1M |
| R&D Expenses | $97M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $139M |
| Cost & Expenses | $139M |
| OPERATING INCOME | -$138M |
| Interest Income | $169.5K |
| Interest Expense | $14M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$157M |
| Income Tax Expense | -$79.5K |
| Net Income from Continuing Ops | -$157M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$157M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$157M |
| D&A | $4M |
| EBIT | -$143M |
| EBITDA | -$139M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$157M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$79.5K |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$135M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$139M |
| Net Change in Cash | -$129M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $450M |
| Short-Term Investments | $194M |
| Net Receivables | $460.7K |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $683M |
| PP&E (Net) | $145M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $160M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $313M |
| TOTAL ASSETS | $996M |
| Account Payables | $52M |
| Short-Term Debt | $0 |
| Deferred Revenue | $169.5K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $110M |
| TOTAL LIABILITIES | $192M |
| Common Stock | $8M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $204M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $804M |
| Minority Interest | $0 |
| TOTAL EQUITY | $804M |
| TOTAL LIABILITIES & EQUITY | $996M |
| Total Debt | $118M |
| Net Debt | -$331M |
