| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $168M | — | $149M | — | 13.3% |
| Op. Income | -$6M | — | -$10M | — | 37.2% |
| Gross Margin | 21.9% | — | 22.8% | — | -0.9pp |
| Net Margin | -9.2% | — | -21.2% | — | 12.0pp |
| EPS (Diluted) | $-0.22 | — | $-0.68 | — | 67.6% |
| Free Cash Flow | -$55M | — | -$38M | — | -46.3% |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $37M |
| R&D Expenses | $588.0K |
| Selling & Marketing | $31M |
| General & Administrative | $3M |
| SG&A Expenses | $35M |
| Other Expenses | $8M |
| Operating Expenses | $43M |
| Cost & Expenses | $175M |
| OPERATING INCOME | -$6M |
| Interest Income | $100.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $4M |
| EBIT | $2M |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | -$54M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $534.0K |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$114M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | -$55M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $241M |
| Inventory | $68M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $391M |
| PP&E (Net) | $95M |
| Goodwill | $47M |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $191M |
| TOTAL ASSETS | $582M |
| Account Payables | $79M |
| Short-Term Debt | $0 |
| Deferred Revenue | $82M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $268M |
| Long-Term Debt | $229M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $242M |
| TOTAL NON-CURRENT LIABILITIES | $510M |
| TOTAL LIABILITIES | $778M |
| Common Stock | $5M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$1.4B |
| Treasury Stock | -$109M |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$197M |
| Minority Interest | $1M |
| TOTAL EQUITY | -$195M |
| TOTAL LIABILITIES & EQUITY | $582M |
| Total Debt | $272M |
| Net Debt | $218M |
