| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $5M | $4M | 41.5% | 69.6% |
| Op. Income | -$26M | -$25M | -$13M | -7.7% | -99.7% |
| Gross Margin | -266.6% | -359.1% | -238.2% | 92.5pp | -28.4pp |
| Net Margin | -372.0% | -484.4% | 181.3% | 112.4pp | -553.3pp |
| EPS (Diluted) | $-0.60 | $-0.63 | $0.22 | 4.8% | -372.7% |
| Free Cash Flow | -$34M | $7M | -$16M | -566.4% | -109.6% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $26M |
| GROSS PROFIT | -$19M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$26M |
| Operating Expenses | $8M |
| Cost & Expenses | $34M |
| OPERATING INCOME | -$26M |
| Interest Income | $171.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $171.0K |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $139.0K |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $645.0K |
| EBIT | -$26M |
| EBITDA | -$26M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $645.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $344.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$135M |
| Sales/Maturities of Investments | $80M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $150M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $188M |
| Short-Term Investments | $198M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $396M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $110M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $122M |
| TOTAL ASSETS | $518M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $72M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $837.0K |
| TOTAL NON-CURRENT LIABILITIES | $73M |
| TOTAL LIABILITIES | $120M |
| Common Stock | $44.0K |
| Additional Paid-In Capital | $552M |
| Retained Earnings | -$154M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $30.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $398M |
| Minority Interest | $0 |
| TOTAL EQUITY | $398M |
| TOTAL LIABILITIES & EQUITY | $518M |
| Total Debt | $0 |
| Net Debt | -$188M |
