| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $21M | $21M | 4.5% | 2.9% |
| Op. Income | -$25M | -$18M | -$13M | -37.1% | -99.1% |
| Gross Margin | 50.7% | 50.2% | 32.1% | 0.6pp | 18.6pp |
| Net Margin | -135.4% | -111.1% | -76.8% | -24.3pp | -58.7pp |
| EPS (Diluted) | $-312.00 | $-266.00 | $-224.00 | -17.3% | -39.3% |
| Free Cash Flow | -$19M | -$12M | -$68M | -53.0% | 72.0% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $11M |
| R&D Expenses | $10M |
| Selling & Marketing | $15M |
| General & Administrative | $10M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$25M |
| Interest Income | $15.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $2M |
| EBIT | -$25M |
| EBITDA | -$23M |
| EPS | -$312 |
| EPS Diluted | -$312 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $17.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $3.3K |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$402.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $4M |
| Net Receivables | $30M |
| Inventory | $9M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $98M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $84M |
| Long-Term Investments | $16M |
| Tax Assets | -$16M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $105M |
| TOTAL ASSETS | $204M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $38M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $79M |
| Long-Term Debt | $83M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $95M |
| TOTAL LIABILITIES | $174M |
| Common Stock | $1M |
| Additional Paid-In Capital | $354M |
| Retained Earnings | -$326M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $204M |
| Total Debt | $88M |
| Net Debt | $36M |
