| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $11M | $16M | 23.7% | -12.5% |
| Op. Income | -$121.0K | -$537.0K | -$143.0K | 77.5% | 15.4% |
| Gross Margin | 31.0% | 29.7% | 27.9% | 1.3pp | 3.2pp |
| Net Margin | -6.0% | 10.1% | -4.5% | -16.1pp | -1.5pp |
| EPS (Diluted) | $-0.20 | $0.26 | $-0.18 | -176.9% | -11.1% |
| Free Cash Flow | $235.0K | $2M | -$2M | -84.7% | 115.4% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $4M |
| R&D Expenses | $762.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$121.0K |
| Interest Income | $133.0K |
| Interest Expense | $75.0K |
| Other Income/Expenses | -$3.0K |
| INCOME BEFORE TAX | -$124.0K |
| Income Tax Expense | $723.0K |
| Net Income from Continuing Ops | -$847.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$847.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$847.0K |
| D&A | $258.0K |
| EBIT | -$49.0K |
| EBITDA | $209.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$847.0K |
| Depreciation & Amortization | $98.0K |
| Stock-Based Compensation | $240.0K |
| Deferred Income Tax | $515.0K |
| Other Non-Cash Items | $391.0K |
| Change in Working Capital | -$152.0K |
| OPERATING CASH FLOW | $245.0K |
| Capital Expenditure | -$10.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$70.0K |
| NET CASH FROM INVESTING | -$80.0K |
| Net Debt Issuance | $219.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $325.0K |
| FREE CASH FLOW | $235.0K |
| Net Change in Cash | $470.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $162.0K |
| Net Receivables | $16M |
| Inventory | $4M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $45M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $23.0K |
| Long-Term Investments | $47.0K |
| Tax Assets | $8M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $59M |
| Account Payables | $10M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $100.0K |
| Deferred Tax Liabilities | -$100.0K |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $44.0K |
| Additional Paid-In Capital | $18M |
| Retained Earnings | $25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $59M |
| Total Debt | $4M |
| Net Debt | -$16M |
