| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $88M | $77M | $54M | 14.7% | 64.0% |
| Op. Income | -$86M | -$45M | -$27M | -90.6% | -213.0% |
| Gross Margin | 66.0% | 69.1% | 67.2% | -3.0pp | -1.1pp |
| Net Margin | -99.8% | -57.8% | -48.8% | -42.0pp | -51.0pp |
| EPS (Diluted) | $-0.34 | $-0.18 | $-0.12 | -88.9% | -183.3% |
| Free Cash Flow | -$45M | -$21M | -$23M | -113.9% | -100.1% |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $58M |
| R&D Expenses | $33M |
| Selling & Marketing | $73M |
| General & Administrative | $38M |
| SG&A Expenses | $111M |
| Other Expenses | $0 |
| Operating Expenses | $144M |
| Cost & Expenses | $174M |
| OPERATING INCOME | -$86M |
| Interest Income | $688.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $45.0K |
| INCOME BEFORE TAX | -$86M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$88M |
| D&A | $756.0K |
| EBIT | -$86M |
| EBITDA | -$85M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$88M |
| Depreciation & Amortization | $756.0K |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $66M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $809M |
| NET CASH FROM FINANCING | $809M |
| FREE CASH FLOW | -$45M |
| Net Change in Cash | $816M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $860M |
| Short-Term Investments | $184M |
| Net Receivables | $117M |
| Inventory | $0 |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $53M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $104M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $173M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $249M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $314M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$539M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$46.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $46M |
| Net Debt | -$814M |
