| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $4M | $4M | 21.3% | 9.2% |
| Op. Income | -$22M | -$13M | -$16M | -66.7% | -40.5% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -514.0% | -276.2% | -372.5% | -237.8pp | -141.5pp |
| EPS (Diluted) | $-0.54 | $-0.28 | $-0.43 | -92.9% | -25.6% |
| Free Cash Flow | -$4M | -$40M | -$16M | 89.2% | 73.9% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $5M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$22M |
| Interest Income | $89.0K |
| Interest Expense | $59.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $2M |
| EBIT | -$24M |
| EBITDA | -$22M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$5.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $141.0K |
| NET CASH FROM FINANCING | $136.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $199M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $230M |
| PP&E (Net) | $99M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $110M |
| TOTAL ASSETS | $340M |
| Account Payables | $8M |
| Short-Term Debt | $3M |
| Deferred Revenue | $26M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $43M |
| Deferred Tax Liabilities | $204.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $119M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $511M |
| Retained Earnings | -$285M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $221M |
| Minority Interest | $0 |
| TOTAL EQUITY | $221M |
| TOTAL LIABILITIES & EQUITY | $340M |
| Total Debt | $23M |
| Net Debt | -$177M |
