| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $8M | $8M | 40.8% | 36.6% |
| Op. Income | $553.0K | -$693.0K | $329.0K | 179.8% | 68.1% |
| Gross Margin | 46.5% | 46.1% | 48.5% | 0.4pp | -2.0pp |
| Net Margin | 2.3% | -7.7% | 3.6% | 10.0pp | -1.3pp |
| EPS (Diluted) | $0.01 | $-0.02 | $0.01 | 154.3% | 0.0% |
| Free Cash Flow | -$1M | $1M | -$362.0K | -182.7% | -184.0% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $5M |
| R&D Expenses | $877.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $553.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$8.0K |
| INCOME BEFORE TAX | $545.0K |
| Income Tax Expense | $283.0K |
| Net Income from Continuing Ops | $262.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $262.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $262.0K |
| D&A | $444.0K |
| EBIT | $553.0K |
| EBITDA | $997.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $5M |
| R&D Expenses | $877.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $553.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$8.0K |
| INCOME BEFORE TAX | $545.0K |
| Income Tax Expense | $283.0K |
| Net Income from Continuing Ops | $262.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $262.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $262.0K |
| D&A | $444.0K |
| EBIT | $553.0K |
| EBITDA | $997.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $262.0K |
| Depreciation & Amortization | $444.0K |
| Stock-Based Compensation | $328.0K |
| Deferred Income Tax | $283.0K |
| Other Non-Cash Items | $142.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$909.0K |
| Capital Expenditure | -$119.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$111.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$81.0K |
| NET CASH FROM FINANCING | -$81.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $5M |
| Net Receivables | $5M |
| Inventory | $6M |
| Other Current Assets | $543.0K |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $7M |
| Goodwill | $8M |
| Intangible Assets | $4M |
| Long-Term Investments | $2M |
| Tax Assets | $11M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $71M |
| Account Payables | $3M |
| Short-Term Debt | $300.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $144.0K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $214.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $670.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $0 |
| Additional Paid-In Capital | $95M |
| Retained Earnings | -$42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $141.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53M |
| Minority Interest | $0 |
| TOTAL EQUITY | $53M |
| TOTAL LIABILITIES & EQUITY | $71M |
| Total Debt | $7M |
| Net Debt | -$11M |
