| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $70M | — | 20.6% | — |
| Op. Income | $14M | -$3M | — | 552.6% | — |
| Gross Margin | 72.1% | 66.2% | — | 5.9pp | — |
| Net Margin | 13.2% | -3.7% | — | 16.9pp | — |
| EPS (Diluted) | $0.10 | $-0.02 | — | 529.2% | — |
| Free Cash Flow | $50M | $36M | — | 38.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $61M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $14M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$302.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| 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 | $11M |
| EBIT | $16M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $61M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $14M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$302.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| 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 | $11M |
| EBIT | $16M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $901.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$174M |
| Sales/Maturities of Investments | $321M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $145M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$101M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | $95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $205M |
| Short-Term Investments | $272M |
| Net Receivables | $183M |
| Inventory | $8M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $679M |
| PP&E (Net) | $76M |
| Goodwill | $183M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $184M |
| TOTAL NON-CURRENT ASSETS | $474M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $160M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $241M |
| TOTAL LIABILITIES | $322M |
| Common Stock | $109.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$426M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$183.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $831M |
| Minority Interest | $0 |
| TOTAL EQUITY | $831M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $198M |
| Net Debt | -$7M |
