| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $23M | $51M | 0.8% | -53.2% |
| Op. Income | -$109M | -$111M | -$88M | 1.2% | -23.7% |
| Gross Margin | 75.7% | 81.6% | 92.5% | -5.9pp | -16.8pp |
| Net Margin | -520.0% | -499.5% | -274.2% | -20.5pp | -245.9pp |
| EPS (Diluted) | $-10.20 | $-9.75 | $-11.70 | -4.6% | 12.8% |
| Free Cash Flow | -$80M | -$100M | -$79M | 20.3% | -1.2% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $18M |
| R&D Expenses | $96M |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $127M |
| Cost & Expenses | $133M |
| OPERATING INCOME | -$109M |
| Interest Income | $1M |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$123M |
| Income Tax Expense | $92.0K |
| Net Income from Continuing Ops | -$123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$123M |
| D&A | $4M |
| EBIT | -$110M |
| EBITDA | -$106M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$123M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $690.0K |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | -$77M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$295M |
| Sales/Maturities of Investments | $309M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $750.0K |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$80M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $150M |
| Short-Term Investments | $887M |
| Net Receivables | $29M |
| Inventory | $17M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $183M |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $96M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $358M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $204M |
| TOTAL NON-CURRENT LIABILITIES | $338M |
| TOTAL LIABILITIES | $462M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | -$2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $995M |
| Minority Interest | $0 |
| TOTAL EQUITY | $995M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $150M |
| Net Debt | $160.0K |
