| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $50M | $32M | 17.6% | 84.7% |
| Op. Income | -$38M | -$62M | -$20M | 38.7% | -89.2% |
| Gross Margin | 86.6% | 86.7% | 85.6% | -0.1pp | 0.9pp |
| Net Margin | -66.1% | -125.4% | -62.2% | 59.3pp | -3.8pp |
| EPS (Diluted) | $-0.89 | $-1.62 | $-0.52 | 45.1% | -71.2% |
| Free Cash Flow | -$5M | -$13M | -$6M | 60.2% | 17.6% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $51M |
| R&D Expenses | $16M |
| Selling & Marketing | $63M |
| General & Administrative | $10M |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $97M |
| OPERATING INCOME | -$38M |
| Interest Income | $78.0K |
| Interest Expense | $318.0K |
| Other Income/Expenses | -$406.0K |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $699.0K |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $547.0K |
| EBIT | -$38M |
| EBITDA | -$37M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $547.0K |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $66.0K |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | -$599.0K |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$419.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$28.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $336.0K |
| NET CASH FROM FINANCING | $308.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $10M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $146M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $160M |
| Account Payables | $30M |
| Short-Term Debt | $21M |
| Deferred Revenue | $90M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $167M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $168M |
| Common Stock | $0 |
| Additional Paid-In Capital | $348M |
| Retained Earnings | -$355M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$8M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$8M |
| TOTAL LIABILITIES & EQUITY | $160M |
| Total Debt | $21M |
| Net Debt | -$103M |
