| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $136M | $89M | $55M | 53.3% | 147.1% |
| Op. Income | $93M | $51M | $30M | 83.4% | 214.8% |
| Gross Margin | 83.1% | 79.5% | 89.6% | 3.6pp | -6.5pp |
| Net Margin | 67.0% | 31.3% | 46.8% | 35.7pp | 20.3pp |
| EPS (Diluted) | $0.62 | $0.19 | $0.19 | 226.3% | 226.3% |
| Free Cash Flow | $36M | $58M | $3M | -37.3% | 1208.2% |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $113M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $58.0K |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $800.0K |
| EBIT | $93M |
| EBITDA | $94M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $113M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $58.0K |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $800.0K |
| EBIT | $93M |
| EBITDA | $94M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $91M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$68M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$533.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$44M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$48M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | -$52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $447M |
| Short-Term Investments | $308M |
| Net Receivables | $153M |
| Inventory | $59M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1000M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $5M |
| Short-Term Debt | $89M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $114M |
| Long-Term Debt | $786M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $792M |
| TOTAL LIABILITIES | $906M |
| Common Stock | $142.0K |
| Additional Paid-In Capital | $462M |
| Retained Earnings | -$342M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $120M |
| Minority Interest | $0 |
| TOTAL EQUITY | $120M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $875M |
| Net Debt | $428M |
