| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $24M | $49M | 19.8% | -42.0% |
| Op. Income | -$110M | -$109M | -$78M | -0.7% | -41.8% |
| Gross Margin | 72.9% | 75.7% | 88.2% | -2.7pp | -15.2pp |
| Net Margin | -443.1% | -520.0% | -163.8% | 77.0pp | -279.3pp |
| EPS (Diluted) | $-10.35 | $-10.20 | $-6.75 | -1.5% | -53.3% |
| Free Cash Flow | -$86M | -$80M | -$87M | -7.8% | 0.5% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $21M |
| R&D Expenses | $101M |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $131M |
| Cost & Expenses | $139M |
| OPERATING INCOME | -$110M |
| Interest Income | $845.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$125M |
| Income Tax Expense | $357.0K |
| Net Income from Continuing Ops | -$126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$126M |
| D&A | $4M |
| EBIT | -$112M |
| EBITDA | -$109M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$126M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $638.0K |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | -$83M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$233M |
| Sales/Maturities of Investments | $309M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $73M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $750.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$86M |
| Net Change in Cash | -$128M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $152M |
| Short-Term Investments | $848M |
| Net Receivables | $29M |
| Inventory | $15M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $181M |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $57M |
| Tax Assets | $0 |
| Other Non-Current Assets | $344.0K |
| TOTAL NON-CURRENT ASSETS | $315M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $204M |
| TOTAL NON-CURRENT LIABILITIES | $335M |
| TOTAL LIABILITIES | $466M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | -$2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $905M |
| Minority Interest | $0 |
| TOTAL EQUITY | $905M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $148M |
| Net Debt | -$4M |
