| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $44M | $22M | 38.9% | 177.0% |
| Op. Income | $45M | $29M | $4M | 52.4% | 1037.3% |
| Gross Margin | 93.2% | 92.4% | 91.7% | 0.9pp | 1.5pp |
| Net Margin | 124.3% | 29.2% | -225.7% | 95.1pp | 350.0pp |
| EPS (Diluted) | $0.60 | $0.10 | $-1.01 | 500.0% | 159.4% |
| Free Cash Flow | $13M | $19M | $5M | -29.3% | 190.0% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $57M |
| R&D Expenses | $773.0K |
| Selling & Marketing | $3M |
| General & Administrative | $8M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $45M |
| Interest Income | $58.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $54M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $283.0K |
| EBIT | $100M |
| EBITDA | $101M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $57M |
| R&D Expenses | $773.0K |
| Selling & Marketing | $3M |
| General & Administrative | $8M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $45M |
| Interest Income | $58.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $54M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $283.0K |
| EBIT | $100M |
| EBITDA | $101M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $283.0K |
| Stock-Based Compensation | $927.0K |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | -$55M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$838.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$838.0K |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$37M |
| NET CASH FROM FINANCING | -$83M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $69M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $134M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $68M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $127M |
| TOTAL ASSETS | $261M |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $145M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $149M |
| TOTAL LIABILITIES | $164M |
| Common Stock | $1M |
| Additional Paid-In Capital | $493M |
| Retained Earnings | -$340M |
| Treasury Stock | -$58M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $97M |
| Minority Interest | $0 |
| TOTAL EQUITY | $97M |
| TOTAL LIABILITIES & EQUITY | $261M |
| Total Debt | $153M |
| Net Debt | $95M |
