| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $50M | $53M | -16.7% | -21.8% |
| Op. Income | -$13M | $6M | $14M | -329.3% | -193.4% |
| Gross Margin | -25.9% | 15.1% | 30.9% | -41.0pp | -56.8pp |
| Net Margin | -21.1% | 11.0% | 35.9% | -32.1pp | -57.0pp |
| EPS (Diluted) | $-0.20 | $0.13 | $0.44 | -253.8% | -145.5% |
| Free Cash Flow | -$14M | $19M | $2M | -176.0% | -697.4% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $52M |
| GROSS PROFIT | -$11M |
| R&D Expenses | $774.0K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$13M |
| Interest Income | $1M |
| Interest Expense | $32.0K |
| Other Income/Expenses | -$102.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $3M |
| EBIT | -$13M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $412.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$146.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | -$106.0K |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $194M |
| Short-Term Investments | $50M |
| Net Receivables | $45M |
| Inventory | $45M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $340M |
| PP&E (Net) | $89M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | -$8M |
| Tax Assets | $8M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $96M |
| TOTAL ASSETS | $436M |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $73M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $282M |
| Retained Earnings | $81M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $148.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $363M |
| Minority Interest | $0 |
| TOTAL EQUITY | $363M |
| TOTAL LIABILITIES & EQUITY | $436M |
| Total Debt | $495.0K |
| Net Debt | -$193M |
