| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $46M | $39M | 17.0% | 38.3% |
| Op. Income | -$14M | -$14M | -$8M | -2.8% | -78.5% |
| Gross Margin | 74.1% | 73.8% | 75.0% | 0.3pp | -0.8pp |
| Net Margin | -31.8% | -28.0% | -19.4% | -3.8pp | -12.4pp |
| EPS (Diluted) | $-0.21 | $-0.16 | $-0.11 | -31.2% | -90.9% |
| Free Cash Flow | -$17M | -$9M | -$2M | -102.2% | -746.3% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $40M |
| R&D Expenses | $20M |
| Selling & Marketing | $14M |
| General & Administrative | $20M |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $68M |
| OPERATING INCOME | -$14M |
| Interest Income | $589.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$333.0K |
| 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 | $1M |
| EBIT | -$14M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $999.0K |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$333.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$346.0K |
| Purchases of Investments | -$358M |
| Sales/Maturities of Investments | $259M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$106M |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $469M |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $166M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $75M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $4.1B |
| Account Payables | $7M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $886M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $950M |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$179M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $198.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $877M |
| Minority Interest | $0 |
| TOTAL EQUITY | $877M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $947M |
| Net Debt | -$621M |
