| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $45M | $36M | 7.9% | 33.6% |
| Op. Income | -$14M | -$10M | $1M | -36.2% | -1112.0% |
| Gross Margin | 81.0% | 80.9% | 81.6% | 0.0pp | -0.7pp |
| Net Margin | -27.0% | -17.5% | 4.7% | -9.5pp | -31.7pp |
| EPS (Diluted) | $-0.14 | $-0.09 | $0.00 | -64.3% | -Infinity% |
| Free Cash Flow | $18M | $8M | $7M | 134.9% | 166.9% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $39M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $62M |
| OPERATING INCOME | -$14M |
| Interest Income | $346.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$344.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$736.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $2M |
| EBIT | -$14M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $164M |
| Other Investing Activities | -$600.0K |
| NET CASH FROM INVESTING | $100M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $259M |
| Short-Term Investments | $356M |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $669M |
| PP&E (Net) | $25M |
| Goodwill | $17M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $729M |
| Account Payables | $10M |
| Short-Term Debt | $5M |
| Deferred Revenue | $103M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $135M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$14M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $167M |
| Common Stock | $262.0K |
| Additional Paid-In Capital | $658M |
| Retained Earnings | -$96M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $562M |
| Minority Interest | $0 |
| TOTAL EQUITY | $562M |
| TOTAL LIABILITIES & EQUITY | $729M |
| Total Debt | $34M |
| Net Debt | -$225M |
