| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $88M | $83M | $54M | 6.1% | 64.1% |
| Op. Income | -$18M | -$26M | -$15M | 29.9% | -25.2% |
| Gross Margin | 56.1% | 52.2% | 53.7% | 3.8pp | 2.4pp |
| Net Margin | -21.1% | -32.1% | -26.6% | 11.0pp | 5.5pp |
| EPS (Diluted) | $-0.14 | $-0.20 | $-0.35 | 30.0% | 60.0% |
| Free Cash Flow | -$9M | -$21M | -$10M | 59.2% | 12.7% |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $50M |
| R&D Expenses | $22M |
| Selling & Marketing | $33M |
| General & Administrative | $13M |
| SG&A Expenses | $46M |
| Other Expenses | -$7.0K |
| Operating Expenses | $68M |
| Cost & Expenses | $107M |
| OPERATING INCOME | -$18M |
| Interest Income | $80.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $73.0K |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $375.0K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $3M |
| EBIT | -$18M |
| EBITDA | -$15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $177.0K |
| Other Non-Cash Items | $98.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $83M |
| Other Investing Activities | -$170.0K |
| NET CASH FROM INVESTING | $78M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $158M |
| Short-Term Investments | $123M |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $335M |
| PP&E (Net) | $41M |
| Goodwill | $0 |
| Intangible Assets | $10M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $80M |
| TOTAL ASSETS | $415M |
| Account Payables | $51M |
| Short-Term Debt | $8M |
| Deferred Revenue | $85M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $158M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $179M |
| Common Stock | $0 |
| Additional Paid-In Capital | $141M |
| Retained Earnings | -$362M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $23.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $236M |
| Minority Interest | $0 |
| TOTAL EQUITY | $236M |
| TOTAL LIABILITIES & EQUITY | $415M |
| Total Debt | $25M |
| Net Debt | -$133M |
