| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $528.5K | — | 151.6% |
| Op. Income | -$69.5K | — | -$156.5K | — | 55.6% |
| Gross Margin | 51.4% | — | 46.2% | — | 5.1pp |
| Net Margin | -5.5% | — | -30.9% | — | 25.4pp |
| EPS (Diluted) | $-0.01 | — | $-0.02 | — | 54.9% |
| Free Cash Flow | -$765.3K | — | -$157.7K | — | -385.4% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $646.7K |
| GROSS PROFIT | $682.8K |
| R&D Expenses | $402.4K |
| Selling & Marketing | $50.3K |
| General & Administrative | $125.0K |
| SG&A Expenses | $350.0K |
| Other Expenses | $0 |
| Operating Expenses | $752.3K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$69.5K |
| Interest Income | $1.8K |
| Interest Expense | $0 |
| Other Income/Expenses | -$3.6K |
| INCOME BEFORE TAX | -$73.2K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$73.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$73.2K |
| Net Income Deductions | -$36.6K |
| BOTTOM LINE NET INCOME | -$36.6K |
| D&A | $2.4K |
| EBIT | -$69.5K |
| EBITDA | -$67.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$73.2K |
| Depreciation & Amortization | $2.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $160.2K |
| Change in Working Capital | -$847.2K |
| OPERATING CASH FLOW | -$757.7K |
| Capital Expenditure | -$7.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5.8K |
| NET CASH FROM INVESTING | -$13.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $867.7K |
| NET CASH FROM FINANCING | $867.7K |
| FREE CASH FLOW | -$765.3K |
| Net Change in Cash | $48.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81.4K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $289.4K |
| Other Current Assets | $13.9K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $18.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $55.7K |
| Tax Assets | $0 |
| Other Non-Current Assets | $322.1K |
| TOTAL NON-CURRENT ASSETS | $396.6K |
| TOTAL ASSETS | $2M |
| Account Payables | $409.4K |
| Short-Term Debt | $152.3K |
| Deferred Revenue | $10.1K |
| Other Current Liabilities | $261.4K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $522.7K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $0 |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $28.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $2M |
| Net Debt | $2M |
