| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $94M | $41M | 22.2% | 179.0% |
| Op. Income | -$26M | -$78M | -$41M | 66.1% | 35.9% |
| Gross Margin | 86.4% | 87.7% | 86.6% | -1.3pp | -0.2pp |
| Net Margin | -22.3% | -82.1% | -98.7% | 59.7pp | 76.3pp |
| EPS (Diluted) | $-0.06 | $-0.22 | $-0.11 | 70.5% | 43.6% |
| Free Cash Flow | $15M | $46M | -$44M | -66.9% | 134.3% |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $100M |
| R&D Expenses | $24M |
| Selling & Marketing | $90M |
| General & Administrative | $12M |
| SG&A Expenses | $102M |
| Other Expenses | -$338.7K |
| Operating Expenses | $126M |
| Cost & Expenses | $142M |
| OPERATING INCOME | -$26M |
| Interest Income | $286.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $561.1K |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $2M |
| EBIT | -$26M |
| EBITDA | -$24M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$63.6K |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | $877 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$88.8K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $599M |
| Short-Term Investments | $80M |
| Net Receivables | $20M |
| Inventory | $22M |
| Other Current Assets | $475.9K |
| TOTAL CURRENT ASSETS | $722M |
| PP&E (Net) | $55M |
| Goodwill | $0 |
| Intangible Assets | $77.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $88.8K |
| TOTAL NON-CURRENT ASSETS | $55M |
| TOTAL ASSETS | $777M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $237M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $304M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $830M |
| TOTAL NON-CURRENT LIABILITIES | $844M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $11.7K |
| Additional Paid-In Capital | $54M |
| Retained Earnings | -$409M |
| Treasury Stock | -$54M |
| Accum. Other Comp. Income | -$15M |
| Other Equity | -$830M |
| TOTAL STOCKHOLDERS' EQUITY | -$371M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$371M |
| TOTAL LIABILITIES & EQUITY | $777M |
| Total Debt | $23M |
| Net Debt | -$577M |
