| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $46M | $37M | 8.4% | 33.4% |
| Op. Income | -$13M | -$12M | -$13M | -7.2% | 1.0% |
| Gross Margin | 86.0% | 86.2% | 85.3% | -0.2pp | 0.7pp |
| Net Margin | -23.0% | -22.7% | -32.3% | -0.3pp | 9.3pp |
| EPS (Diluted) | $-0.15 | $-0.14 | $-0.37 | -7.1% | 59.5% |
| Free Cash Flow | -$3M | -$182.0K | -$9M | -1492.3% | 66.9% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $43M |
| R&D Expenses | $15M |
| Selling & Marketing | $27M |
| General & Administrative | $14M |
| SG&A Expenses | $40M |
| Other Expenses | $19.0K |
| Operating Expenses | $55M |
| Cost & Expenses | $62M |
| OPERATING INCOME | -$13M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $231.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $1M |
| EBIT | -$11M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$185.0K |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$46.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $211M |
| Net Receivables | $37M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $407M |
| PP&E (Net) | $41M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $466M |
| Account Payables | $5M |
| Short-Term Debt | $5M |
| Deferred Revenue | $92M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $159M |
| Common Stock | $0 |
| Additional Paid-In Capital | $497M |
| Retained Earnings | -$191M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $779.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $308M |
| Minority Interest | $0 |
| TOTAL EQUITY | $308M |
| TOTAL LIABILITIES & EQUITY | $466M |
| Total Debt | $35M |
| Net Debt | -$105M |
