| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $2M | 32.0% | 77.5% |
| Op. Income | -$894.6K | -$575.3K | -$772.1K | -55.5% | -15.9% |
| Gross Margin | 7.1% | 10.7% | 9.6% | -3.6pp | -2.4pp |
| Net Margin | -26.5% | -21.1% | -37.6% | -5.5pp | 11.0pp |
| EPS (Diluted) | $-0.03 | $-0.02 | $-0.03 | -66.1% | 4.4% |
| Free Cash Flow | -$1M | -$193.9K | $410.7K | -488.0% | -377.5% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $258.4K |
| R&D Expenses | $123.5K |
| Selling & Marketing | $131.3K |
| General & Administrative | $893.0K |
| SG&A Expenses | $1M |
| Other Expenses | $6.6K |
| Operating Expenses | $1M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$894.6K |
| Interest Income | $261 |
| Interest Expense | $73.9K |
| Other Income/Expenses | -$66.1K |
| INCOME BEFORE TAX | -$960.7K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$960.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$961.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$961.0K |
| D&A | $12.4K |
| EBIT | -$886.8K |
| EBITDA | -$874.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$960.7K |
| Depreciation & Amortization | $12.4K |
| Stock-Based Compensation | $50.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$137.9K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$103.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$103.7K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$15.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $264.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $419.7K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $803 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $260.1K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $260.1K |
| TOTAL ASSETS | $9M |
| Account Payables | $2M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $3.4K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | -$9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $4.5K |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $3M |
| Net Debt | $2M |
