| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $18M | $15M | 41.2% | 70.1% |
| Op. Income | -$4M | -$9M | -$6M | 51.0% | 26.5% |
| Gross Margin | 83.0% | 76.6% | 88.6% | 6.4pp | -5.6pp |
| Net Margin | -16.8% | -50.3% | -42.4% | 33.5pp | 25.6pp |
| EPS (Diluted) | $-0.07 | $-0.14 | $-0.11 | 52.7% | 39.8% |
| Free Cash Flow | -$10M | -$9M | -$11M | -12.2% | 6.6% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $21M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$4M |
| Interest Income | $206.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $229.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $1M |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$579.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $12.0K |
| Purchases of Investments | -$630.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $456.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $1M |
| Net Receivables | $36M |
| Inventory | $1M |
| Other Current Assets | $585.0K |
| TOTAL CURRENT ASSETS | $172M |
| PP&E (Net) | $31M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $212M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $50M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $543M |
| Retained Earnings | -$380M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $163M |
| Minority Interest | $0 |
| TOTAL EQUITY | $163M |
| TOTAL LIABILITIES & EQUITY | $212M |
| Total Debt | $24M |
| Net Debt | -$106M |
