| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $59M | $36M | 19.7% | 93.7% |
| Op. Income | -$27M | -$38M | -$28M | 27.4% | 2.6% |
| Gross Margin | 87.1% | 86.6% | 86.6% | 0.5pp | 0.5pp |
| Net Margin | -40.9% | -66.1% | -77.9% | 25.1pp | 37.0pp |
| EPS (Diluted) | $-0.74 | $-0.89 | $-0.73 | 16.9% | -1.4% |
| Free Cash Flow | -$2M | -$5M | -$15M | 53.8% | 83.9% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $62M |
| R&D Expenses | $16M |
| Selling & Marketing | $61M |
| General & Administrative | $12M |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $98M |
| OPERATING INCOME | -$27M |
| Interest Income | $0 |
| Interest Expense | $359.0K |
| Other Income/Expenses | -$359.0K |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $527.0K |
| EBIT | -$27M |
| EBITDA | -$27M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $527.0K |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | -$355.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$769.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$21.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $744M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $741M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $865M |
| Short-Term Investments | $10M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $887M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $903M |
| Account Payables | $25M |
| Short-Term Debt | $21M |
| Deferred Revenue | $102M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $183M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $184M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$384M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $719M |
| Minority Interest | $0 |
| TOTAL EQUITY | $719M |
| TOTAL LIABILITIES & EQUITY | $903M |
| Total Debt | $21M |
| Net Debt | -$844M |
