| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $47M | $36M | 5.0% | 35.0% |
| Op. Income | -$12M | -$9M | -$7M | -43.7% | -66.2% |
| Gross Margin | 79.2% | 80.2% | 78.4% | -1.0pp | 0.8pp |
| Net Margin | -24.9% | -18.3% | -23.4% | -6.6pp | -1.6pp |
| EPS (Diluted) | $-0.17 | $-0.12 | $-0.16 | -41.7% | -6.3% |
| Free Cash Flow | -$6M | -$13M | -$7M | 56.1% | 22.0% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $39M |
| R&D Expenses | $15M |
| Selling & Marketing | $22M |
| General & Administrative | $13M |
| SG&A Expenses | $35M |
| Other Expenses | $1M |
| Operating Expenses | $51M |
| Cost & Expenses | $61M |
| OPERATING INCOME | -$12M |
| Interest Income | $29.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $56.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $6.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $731.0K |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $731.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $901.0K |
| Change in Working Capital | -$581.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $30M |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $243M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $267M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $55M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $545M |
| Retained Earnings | -$334M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $211M |
| Minority Interest | $0 |
| TOTAL EQUITY | $211M |
| TOTAL LIABILITIES & EQUITY | $267M |
| Total Debt | $14M |
| Net Debt | -$159M |
