| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $65M | $24M | -40.9% | 57.5% |
| Op. Income | -$70M | -$58M | -$81M | -21.4% | 13.1% |
| Gross Margin | -103.2% | 96.0% | 96.0% | -199.1pp | -199.2pp |
| Net Margin | -186.7% | -90.2% | -321.1% | -96.5pp | 134.4pp |
| EPS (Diluted) | $-0.78 | $-0.64 | $-0.89 | -21.9% | 12.4% |
| Free Cash Flow | -$46M | -$10M | -$60M | -373.1% | 24.1% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $78M |
| GROSS PROFIT | -$40M |
| R&D Expenses | $75M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$44M |
| Operating Expenses | $31M |
| Cost & Expenses | $109M |
| OPERATING INCOME | -$70M |
| Interest Expense | $501.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$72M |
| Income Tax Expense | $134.0K |
| Net Income from Continuing Ops | -$72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$72M |
| D&A | $5M |
| EBIT | -$70M |
| EBITDA | -$65M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$72M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $371.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$45M |
| Capital Expenditure | -$518.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$196M |
| Sales/Maturities of Investments | $42.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$197M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$46M |
| Net Change in Cash | -$245M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $434M |
| Short-Term Investments | $111M |
| Net Receivables | $45M |
| Inventory | $21M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $622M |
| PP&E (Net) | $58M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $96M |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $166M |
| TOTAL ASSETS | $787M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $27M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $167M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $151M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $230M |
| TOTAL LIABILITIES | $397M |
| Common Stock | $921.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $371M |
| Minority Interest | $19M |
| TOTAL EQUITY | $390M |
| TOTAL LIABILITIES & EQUITY | $787M |
| Total Debt | $38M |
| Net Debt | -$395M |
