| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $7M | $0 | 20.8% | — |
| Op. Income | -$11M | -$9M | -$13M | -21.0% | 12.2% |
| Gross Margin | -71.1% | -59.6% | — | -11.5pp | — |
| Net Margin | -125.0% | -124.5% | — | -0.5pp | — |
| EPS (Diluted) | $-0.33 | $-0.28 | $-0.59 | -17.9% | 44.1% |
| Free Cash Flow | -$14M | -$15M | -$14M | 8.3% | 1.2% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $15M |
| GROSS PROFIT | -$6M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | -$15M |
| Operating Expenses | $5M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$11M |
| Interest Income | $104.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $104.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $400.0K |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$578.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$94M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $184M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $280M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $38M |
| Tax Assets | $0 |
| Other Non-Current Assets | $897.0K |
| TOTAL NON-CURRENT ASSETS | $49M |
| TOTAL ASSETS | $328M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $22M |
| Other Current Liabilities | $3.0K |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $48M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.0K |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $88M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $387M |
| Retained Earnings | -$147M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $240M |
| Minority Interest | $0 |
| TOTAL EQUITY | $240M |
| TOTAL LIABILITIES & EQUITY | $328M |
| Total Debt | $6M |
| Net Debt | -$84M |
