| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $24M | $53M | 34.3% | -39.6% |
| Op. Income | -$12M | -$20M | $13M | 37.8% | -195.6% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -26.2% | -124.2% | 25.6% | 97.9pp | -51.8pp |
| EPS (Diluted) | $-0.41 | $-1.46 | $0.65 | 71.9% | -163.1% |
| Free Cash Flow | -$15M | -$16M | $12M | 4.5% | -227.0% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $32M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $44M |
| OPERATING INCOME | -$12M |
| Interest Income | $677.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $677.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $871.0K |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $871.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $431.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$188.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$105M |
| Sales/Maturities of Investments | $87M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $299.0K |
| NET CASH FROM FINANCING | $299.0K |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $331M |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $446M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $19M |
| Tax Assets | $345.0K |
| Other Non-Current Assets | $92.0K |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $481M |
| Account Payables | $6M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $974.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $201.0K |
| Additional Paid-In Capital | $332M |
| Retained Earnings | $119M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $405.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $452M |
| Minority Interest | $0 |
| TOTAL EQUITY | $452M |
| TOTAL LIABILITIES & EQUITY | $481M |
| Total Debt | $10M |
| Net Debt | -$45M |
