| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $68M | $32M | 14.9% | 147.5% |
| Op. Income | -$14M | -$12M | -$47M | -20.5% | 69.9% |
| Gross Margin | 77.3% | 75.5% | 31.3% | 1.7pp | 45.9pp |
| Net Margin | -22.4% | -24.2% | -126.4% | 1.8pp | 104.0pp |
| EPS (Diluted) | $-0.38 | $-0.36 | $-0.90 | -5.6% | 57.8% |
| Free Cash Flow | -$4M | -$13M | -$14M | 69.5% | 70.9% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $60M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $5M |
| Operating Expenses | $75M |
| Cost & Expenses | $92M |
| OPERATING INCOME | -$14M |
| Interest Income | $342.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $208.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $9M |
| EBIT | -$14M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$24.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $3.0K |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | -$794.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$202.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $300M |
| Net Receivables | $38M |
| Inventory | $18M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $491M |
| PP&E (Net) | $124M |
| Goodwill | $66M |
| Intangible Assets | $345M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $553M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $7M |
| Short-Term Debt | $279M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $349M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $110M |
| TOTAL LIABILITIES | $459M |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $933M |
| Retained Earnings | -$350M |
| Treasury Stock | -$132.0K |
| Accum. Other Comp. Income | $652.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $584M |
| Minority Interest | $0 |
| TOTAL EQUITY | $584M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $372M |
| Net Debt | $254M |
