| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | $42M | $47M | 78.5% | 56.3% |
| Op. Income | -$2M | -$13M | -$1M | 84.7% | -75.9% |
| Gross Margin | -0.1% | -25.9% | 1.9% | 25.8pp | -2.0pp |
| Net Margin | 4.7% | -21.1% | 32.0% | 25.8pp | -27.3pp |
| EPS (Diluted) | $0.08 | $-0.20 | $0.35 | 140.0% | -77.1% |
| Free Cash Flow | $12M | -$14M | $79M | 180.4% | -85.2% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $74M |
| GROSS PROFIT | -$43.0K |
| R&D Expenses | $798.0K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $76M |
| OPERATING INCOME | -$2M |
| Interest Income | $790.0K |
| Interest Expense | $32.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$988.0K |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $3M |
| EBIT | -$956.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$342.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$112M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$112M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$96M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $46M |
| Net Receivables | $48M |
| Inventory | $54M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $250M |
| PP&E (Net) | $87M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $93M |
| TOTAL ASSETS | $342M |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $85M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $282M |
| Retained Earnings | -$25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $208.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $257M |
| Minority Interest | $0 |
| TOTAL EQUITY | $257M |
| TOTAL LIABILITIES & EQUITY | $342M |
| Total Debt | $634.0K |
| Net Debt | -$97M |
