| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $18M | $8M | -67.4% | -30.2% |
| Op. Income | -$35M | -$18M | -$20M | -97.4% | -79.4% |
| Gross Margin | -412.5% | -41.6% | 100.0% | -370.9pp | -512.5pp |
| Net Margin | -620.2% | -103.9% | -242.8% | -516.3pp | -377.5pp |
| EPS (Diluted) | $-7.75 | $-3.99 | $-5.61 | -94.2% | -38.0% |
| Free Cash Flow | -$31M | -$18M | -$24M | -69.9% | -26.8% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $29M |
| GROSS PROFIT | -$24M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | -$29M |
| Operating Expenses | $12M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$35M |
| Interest Income | $966.0K |
| Interest Expense | $696.0K |
| Other Income/Expenses | -$139.0K |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$35M |
| D&A | $1M |
| EBIT | -$35M |
| EBITDA | -$34M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$35M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$755.0K |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$47M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $764.0K |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $176M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $252M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $30M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $54M |
| TOTAL ASSETS | $306M |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $21M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $82M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $777.0K |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $162M |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $728M |
| Retained Earnings | -$584M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $144M |
| Minority Interest | $0 |
| TOTAL EQUITY | $144M |
| TOTAL LIABILITIES & EQUITY | $306M |
| Total Debt | $40M |
| Net Debt | -$27M |
