| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $43M | $33M | 5.6% | 37.4% |
| Op. Income | -$10M | -$7M | -$2M | -52.6% | -373.8% |
| Gross Margin | 80.9% | 80.8% | 80.5% | 0.1pp | 0.5pp |
| Net Margin | -17.5% | -8.7% | -6.5% | -8.8pp | -11.0pp |
| EPS (Diluted) | $-0.09 | $-0.04 | $-0.03 | -109.9% | -221.5% |
| Free Cash Flow | $8M | $12M | -$2M | -35.5% | 420.1% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $36M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$10M |
| Interest Income | $360.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$307.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$2M |
| 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 | $1M |
| EBIT | -$10M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$89M |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $147M |
| Short-Term Investments | $459M |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $675M |
| PP&E (Net) | $26M |
| Goodwill | $17M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $735M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $102M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $140M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$15M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $176M |
| Common Stock | $261.0K |
| Additional Paid-In Capital | $642M |
| Retained Earnings | -$83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$269.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $559M |
| Minority Interest | $0 |
| TOTAL EQUITY | $559M |
| TOTAL LIABILITIES & EQUITY | $735M |
| Total Debt | $37M |
| Net Debt | -$110M |
