Q2 2021 Earnings

Reported June 29, 2021

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q2 2021	Q1 2021	Q2 2020	QoQ Change	YoY Change
Revenue	$0	$0	—	—	—
Op. Income	-$529.6K	-$491.2K	—	-7.8%	—
EPS (Diluted)	$16.20	$-7.80	—	307.7%	—
Free Cash Flow	-$362.7K	-$392.5K	—	7.6%	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$1.2K
GROSS PROFIT	-$1.2K
R&D Expenses	$286.9K
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$241.4K
Other Expenses	$0
Operating Expenses	$528.4K
Cost & Expenses	$529.6K
OPERATING INCOME	-$529.6K
Interest Income	$0
Interest Expense	$116.9K
Other Income/Expenses	$2M
INCOME BEFORE TAX	$1M
Income Tax Expense	$0
Net Income from Continuing Ops	$1M
Net Income from Discontinued Ops	$0
Other Adjustments	-$50
NET INCOME	$1M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1M
D&A	$1.2K
EBIT	$2M
EBITDA	$2M
EPS	$16
EPS Diluted	$16

Cash Flow Statement

Item	Amount
Net Income	$1M
Depreciation & Amortization	$1.2K
Stock-Based Compensation	$94.6K
Deferred Income Tax	-$239.2K
Other Non-Cash Items	-$2M
Change in Working Capital	$188.1K
OPERATING CASH FLOW	-$362.7K
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	$0
Net Debt Issuance	$650.0K
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$650.0K
FREE CASH FLOW	-$362.7K
Net Change in Cash	$287.3K