| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $99M | $92M | $36M | 8.6% | 173.7% |
| Op. Income | -$107M | -$96M | -$121M | -10.9% | 11.7% |
| Gross Margin | 94.8% | 94.0% | 109.6% | 0.8pp | -14.9pp |
| Net Margin | -137.0% | -26.2% | -327.8% | -110.7pp | 190.8pp |
| EPS (Diluted) | $-2.03 | $-0.37 | $-2.05 | -448.6% | 1.0% |
| Free Cash Flow | -$176M | -$82M | -$109M | -114.0% | -60.9% |
| Item | Amount |
|---|---|
| REVENUE | $99M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $94M |
| R&D Expenses | $148M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $201M |
| Cost & Expenses | $206M |
| OPERATING INCOME | -$107M |
| Interest Income | $639.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | -$136M |
| Income Tax Expense | $379.0K |
| Net Income from Continuing Ops | -$136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$136M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$136M |
| D&A | $3M |
| EBIT | -$127M |
| EBITDA | -$124M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$136M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$77M |
| OPERATING CASH FLOW | -$159M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$405M |
| Sales/Maturities of Investments | $239M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$182M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$176M |
| Net Change in Cash | -$330M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $384M |
| Short-Term Investments | $582M |
| Net Receivables | $25M |
| Inventory | $12M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $126M |
| Goodwill | $44M |
| Intangible Assets | $131M |
| Long-Term Investments | $216M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $527M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $127M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $340M |
| TOTAL NON-CURRENT LIABILITIES | $416M |
| TOTAL LIABILITIES | $543M |
| Common Stock | $67.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $56.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $46M |
| Net Debt | -$338M |
