| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $35M | $18M | -33.7% | 28.2% |
| Op. Income | -$52M | -$37M | -$47M | -41.3% | -10.6% |
| Gross Margin | 96.0% | 97.0% | 95.5% | -1.0pp | 0.5pp |
| Net Margin | -246.8% | -123.7% | -291.8% | -123.1pp | 45.0pp |
| EPS (Diluted) | $-0.77 | $-0.59 | $-11.74 | -30.5% | 93.4% |
| Free Cash Flow | -$53M | -$31M | -$45M | -72.0% | -17.5% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $933.0K |
| GROSS PROFIT | $22M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $76M |
| OPERATING INCOME | -$52M |
| Interest Income | $264.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$57M |
| Income Tax Expense | $149.0K |
| Net Income from Continuing Ops | -$57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$57M |
| D&A | $235.0K |
| EBIT | -$52M |
| EBITDA | -$52M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$57M |
| Depreciation & Amortization | $426.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$975.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $43M |
| NET CASH FROM INVESTING | $43M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | $883.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $136M |
| Net Receivables | $18M |
| Inventory | $3M |
| Other Current Assets | $815.0K |
| TOTAL CURRENT ASSETS | $256M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $718.0K |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $275M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $169M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $253M |
| TOTAL LIABILITIES | $315M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $301.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$40M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$40M |
| TOTAL LIABILITIES & EQUITY | $275M |
| Total Debt | $181M |
| Net Debt | $93M |
