| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $50M | $40M | 1.9% | 25.7% |
| Op. Income | -$13M | -$13M | -$14M | -6.7% | 6.5% |
| Gross Margin | 86.9% | 86.0% | 84.9% | 0.9pp | 2.0pp |
| Net Margin | -29.0% | -23.0% | -31.1% | -5.9pp | 2.2pp |
| EPS (Diluted) | $-0.19 | $-0.15 | $-0.17 | -26.7% | -11.8% |
| Free Cash Flow | $1M | -$3M | $1M | 146.8% | 2.0% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $44M |
| R&D Expenses | $16M |
| Selling & Marketing | $28M |
| General & Administrative | $14M |
| SG&A Expenses | $42M |
| Other Expenses | -$431.0K |
| Operating Expenses | $58M |
| Cost & Expenses | $64M |
| OPERATING INCOME | -$13M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$991.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $248.0K |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $1M |
| EBIT | -$13M |
| EBITDA | -$12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $71.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$690.0K |
| Acquisitions (Net) | $111.0K |
| Purchases of Investments | -$68M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | -$111.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $279M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | $249M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $237M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $377M |
| Short-Term Investments | $225M |
| Net Receivables | $37M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $661M |
| PP&E (Net) | $40M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $719M |
| Account Payables | $5M |
| Short-Term Debt | $5M |
| Deferred Revenue | $97M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $211M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $248M |
| TOTAL LIABILITIES | $377M |
| Common Stock | $0 |
| Additional Paid-In Capital | $546M |
| Retained Earnings | -$205M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $342M |
| Minority Interest | $0 |
| TOTAL EQUITY | $342M |
| TOTAL LIABILITIES & EQUITY | $719M |
| Total Debt | $245M |
| Net Debt | -$132M |
