| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $70M | $51M | 9.5% | 51.3% |
| Op. Income | -$45M | -$32M | -$33M | -39.8% | -35.2% |
| Gross Margin | 69.1% | 70.3% | 65.0% | -1.2pp | 4.0pp |
| Net Margin | -57.8% | -45.2% | -66.1% | -12.6pp | 8.3pp |
| EPS (Diluted) | $-0.18 | $-0.14 | $-0.15 | -28.6% | -20.0% |
| Free Cash Flow | -$21M | -$21M | -$32M | 0.7% | 34.4% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $53M |
| R&D Expenses | $24M |
| Selling & Marketing | $59M |
| General & Administrative | $16M |
| SG&A Expenses | $74M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $122M |
| OPERATING INCOME | -$45M |
| Interest Income | $844.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $508.0K |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | -$110.0K |
| Net Income from Continuing Ops | -$45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$45M |
| D&A | $787.0K |
| EBIT | -$45M |
| EBITDA | -$44M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$45M |
| Depreciation & Amortization | $787.0K |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$567.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | -$587.0K |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $236M |
| Net Receivables | $105M |
| Inventory | $0 |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $417M |
| PP&E (Net) | $53M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $102M |
| TOTAL ASSETS | $519M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $153M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $212M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $584M |
| TOTAL NON-CURRENT LIABILITIES | $637M |
| TOTAL LIABILITIES | $849M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $120M |
| Retained Earnings | -$451M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $43.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$330M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$330M |
| TOTAL LIABILITIES & EQUITY | $519M |
| Total Debt | $48M |
| Net Debt | $4M |
