| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | $88M | $106M | -16.9% | -30.6% |
| Op. Income | -$3M | $3M | $3M | -235.4% | -227.2% |
| Gross Margin | 42.1% | 40.9% | 43.4% | 1.2pp | -1.3pp |
| Net Margin | -14.6% | -4.3% | -3.6% | -10.3pp | -11.0pp |
| EPS (Diluted) | $-5.40 | $-2.00 | $-2.20 | -170.0% | -145.5% |
| Free Cash Flow | -$9M | $3M | $459.0K | -372.2% | -2163.4% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $31M |
| R&D Expenses | $10M |
| Selling & Marketing | $12M |
| General & Administrative | $12M |
| SG&A Expenses | $23M |
| Other Expenses | $1M |
| Operating Expenses | $34M |
| Cost & Expenses | $77M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $419.0K |
| 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 | -$4M |
| EBITDA | -$3M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $13.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$484.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$484.0K |
| Net Debt Issuance | $26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $51M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $165M |
| Account Payables | $27M |
| Short-Term Debt | $925.0K |
| Deferred Revenue | $76M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $134M |
| Long-Term Debt | $170M |
| Deferred Revenue NC | $35M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $226M |
| TOTAL LIABILITIES | $360M |
| Common Stock | $399.0K |
| Additional Paid-In Capital | $519M |
| Retained Earnings | -$714M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$196M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$196M |
| TOTAL LIABILITIES & EQUITY | $165M |
| Total Debt | $184M |
| Net Debt | $161M |
