| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $58M | $53M | 2.7% | 11.4% |
| Op. Income | -$16M | -$18M | -$15M | 9.2% | -2.8% |
| Gross Margin | 75.1% | 73.5% | 73.1% | 1.6pp | 2.1pp |
| Net Margin | -28.5% | -32.2% | -30.8% | 3.6pp | 2.3pp |
| EPS (Diluted) | $-0.38 | $-0.42 | $-0.42 | 9.5% | 9.5% |
| Free Cash Flow | -$11M | $3M | -$18M | -466.7% | 40.6% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $45M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $75M |
| OPERATING INCOME | -$16M |
| Interest Income | $134.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $31.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $2M |
| EBIT | -$16M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $64M |
| Net Debt Issuance | -$198.0K |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $85M |
| Short-Term Investments | $142M |
| Net Receivables | $30M |
| Inventory | $36M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $298M |
| PP&E (Net) | $29M |
| Goodwill | $235M |
| Intangible Assets | $128M |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $474.0K |
| TOTAL NON-CURRENT ASSETS | $402M |
| TOTAL ASSETS | $700M |
| Account Payables | $15M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $190M |
| TOTAL NON-CURRENT LIABILITIES | $250M |
| TOTAL LIABILITIES | $309M |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $738M |
| Retained Earnings | -$347M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $391M |
| Minority Interest | $0 |
| TOTAL EQUITY | $391M |
| TOTAL LIABILITIES & EQUITY | $700M |
| Total Debt | $74M |
| Net Debt | -$12M |
