| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $23M | $12M | 10.0% | 114.8% |
| Op. Income | -$30M | -$30M | -$25M | -0.8% | -20.1% |
| Gross Margin | 4.2% | 1.3% | -40.6% | 2.9pp | 44.7pp |
| Net Margin | -119.8% | -131.0% | -225.7% | 11.2pp | 105.9pp |
| EPS (Diluted) | $-0.66 | $-0.70 | $-0.67 | 5.7% | 1.5% |
| Free Cash Flow | -$32M | -$40M | -$21M | 19.8% | -48.4% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $1M |
| R&D Expenses | $8M |
| Selling & Marketing | $13M |
| General & Administrative | $10M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$30M |
| Interest Income | $164.0K |
| Interest Expense | $431.0K |
| Other Income/Expenses | -$267.0K |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $35.0K |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $2M |
| EBIT | -$30M |
| EBITDA | -$28M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $585.0K |
| Other Non-Cash Items | $394.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$847.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$97M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$97M |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $151M |
| NET CASH FROM FINANCING | $151M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $274M |
| Short-Term Investments | $122M |
| Net Receivables | $16M |
| Inventory | $29M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $448M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $33M |
| Tax Assets | $0 |
| Other Non-Current Assets | $515.0K |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $505M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $515.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $479.0K |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $74M |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $985M |
| Retained Earnings | -$554M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $431M |
| Minority Interest | $0 |
| TOTAL EQUITY | $431M |
| TOTAL LIABILITIES & EQUITY | $505M |
| Total Debt | $38M |
| Net Debt | -$236M |
