| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $11M | $0 | -31.4% | — |
| Op. Income | -$9M | -$5M | -$12M | -73.0% | 26.8% |
| Gross Margin | -59.6% | 96.6% | — | -156.2pp | — |
| Net Margin | -124.5% | -48.6% | — | -75.9pp | — |
| EPS (Diluted) | $-0.28 | $-0.18 | $-0.59 | -55.6% | 52.5% |
| Free Cash Flow | -$15M | -$12M | -$10M | -25.1% | -54.8% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $12M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | -$11M |
| Operating Expenses | $5M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$9M |
| Interest Income | $114.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $114.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $7.0K |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $382.0K |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $382.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $454.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $76M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $112.0K |
| NET CASH FROM FINANCING | $42M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | $65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $137M |
| Short-Term Investments | $166M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $308M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $217.0K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $326M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | $6.0K |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $52M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.0K |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $93M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $369M |
| Retained Earnings | -$136M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $233M |
| Minority Interest | $0 |
| TOTAL EQUITY | $233M |
| TOTAL LIABILITIES & EQUITY | $326M |
| Total Debt | $6M |
| Net Debt | -$130M |
