| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $62M | — | 13.7% | — |
| Op. Income | -$3M | -$8M | — | 59.8% | — |
| Gross Margin | 66.2% | 64.8% | — | 1.4pp | — |
| Net Margin | -3.7% | -19.5% | — | 15.8pp | — |
| EPS (Diluted) | $-0.02 | $-0.11 | — | 78.8% | — |
| Free Cash Flow | $36M | $33M | — | 8.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $47M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $73M |
| OPERATING INCOME | -$3M |
| Interest Income | $3M |
| Interest Expense | $3M |
| Other Income/Expenses | -$1.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$503.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $11M |
| EBIT | -$502.0K |
| EBITDA | $10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $416.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$160M |
| Sales/Maturities of Investments | $115M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $420M |
| Net Receivables | $174M |
| Inventory | $10M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $724M |
| PP&E (Net) | $81M |
| Goodwill | $183M |
| Intangible Assets | $32M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $211M |
| TOTAL NON-CURRENT ASSETS | $511M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $80M |
| Long-Term Debt | $158M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $246M |
| TOTAL LIABILITIES | $326M |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$360M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$133.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $909M |
| Minority Interest | $0 |
| TOTAL EQUITY | $909M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $197M |
| Net Debt | $88M |
