| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $7M | $2M | 59.6% | 646.8% |
| Op. Income | -$20M | -$20M | -$18M | -0.0% | -13.1% |
| Gross Margin | 90.6% | 87.9% | 91.5% | 2.8pp | -0.8pp |
| Net Margin | -72.4% | 42.5% | -2330.7% | -114.9pp | 2258.3pp |
| EPS (Diluted) | $-0.25 | $-0.24 | $-0.64 | -4.2% | 60.9% |
| Free Cash Flow | -$20M | -$18M | -$15M | -15.2% | -35.3% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $11M |
| R&D Expenses | $14M |
| Selling & Marketing | $8M |
| General & Administrative | $9M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$20M |
| Interest Income | $8.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $12M |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $611.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $611.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$129.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$129.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $192M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $217M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $231M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $129M |
| TOTAL LIABILITIES | $150M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $625M |
| Retained Earnings | -$545M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $80M |
| Minority Interest | $0 |
| TOTAL EQUITY | $80M |
| TOTAL LIABILITIES & EQUITY | $231M |
| Total Debt | $58M |
| Net Debt | -$133M |
