| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $14M | $12M | 45.7% | 79.6% |
| Op. Income | -$89M | -$150M | -$56M | 40.9% | -58.2% |
| Gross Margin | 100.0% | -396.9% | 100.0% | 496.9pp | 0.0pp |
| Net Margin | -439.6% | -565.6% | -1162.7% | 126.0pp | 723.1pp |
| EPS (Diluted) | $-0.66 | $-1.22 | $-1.25 | 45.9% | 47.2% |
| Free Cash Flow | -$86M | -$42M | -$68M | -104.9% | -27.7% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $21M |
| R&D Expenses | $83M |
| Selling & Marketing | $17M |
| General & Administrative | $9M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $109M |
| OPERATING INCOME | -$89M |
| Interest Income | $0 |
| Interest Expense | $52.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$92M |
| Income Tax Expense | $1.0K |
| Net Income from Continuing Ops | -$92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$92M |
| D&A | $3M |
| EBIT | -$88M |
| EBITDA | -$85M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$92M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$67M |
| Change in Working Capital | $86M |
| OPERATING CASH FLOW | -$58M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$140M |
| NET CASH FROM INVESTING | -$169M |
| Net Debt Issuance | -$379.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $302M |
| NET CASH FROM FINANCING | $302M |
| FREE CASH FLOW | -$86M |
| Net Change in Cash | $76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $488M |
| Short-Term Investments | $204M |
| Net Receivables | $26M |
| Inventory | $2M |
| Other Current Assets | -$11M |
| TOTAL CURRENT ASSETS | $721M |
| PP&E (Net) | $145M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $875M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $56M |
| Other Current Liabilities | $83M |
| TOTAL CURRENT LIABILITIES | $261M |
| Long-Term Debt | $17M |
| Deferred Revenue NC | $255M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $554.0K |
| TOTAL NON-CURRENT LIABILITIES | $274M |
| TOTAL LIABILITIES | $535M |
| Common Stock | $29.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $340M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $340M |
| Minority Interest | $0 |
| TOTAL EQUITY | $340M |
| TOTAL LIABILITIES & EQUITY | $875M |
| Total Debt | $20M |
| Net Debt | -$468M |
