| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $380.5K | $72.5K | $0 | 424.7% | — |
| Op. Income | -$2M | -$8M | -$257.3K | 75.5% | -654.8% |
| Gross Margin | 84.4% | 79.3% | — | 5.1pp | — |
| Net Margin | -1272.6% | -9351.6% | — | 8079.1pp | — |
| EPS (Diluted) | $-0.85 | $-1.42 | $-0.15 | 40.1% | -466.7% |
| Free Cash Flow | -$753.0K | -$3M | -$838.0K | 70.4% | 10.1% |
| Item | Amount |
|---|---|
| REVENUE | $380.5K |
| Cost of Revenue | $59.2K |
| GROSS PROFIT | $321.3K |
| R&D Expenses | $245.3K |
| Selling & Marketing | $1.4K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $632.5K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $87 |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $87 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$54.5K |
| OPERATING CASH FLOW | -$749.8K |
| Capital Expenditure | -$3.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$498.2K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$501.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $799.9K |
| FREE CASH FLOW | -$753.0K |
| Net Change in Cash | -$451.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $3M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $3.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $14M |
| Account Payables | $156.8K |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $57.1K |
| Additional Paid-In Capital | $138M |
| Retained Earnings | -$131M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $1M |
| Net Debt | -$2M |
