| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $26M | $22M | 6.1% | 29.3% |
| Op. Income | -$49M | -$46M | -$38M | -5.2% | -28.5% |
| Gross Margin | -115.6% | -114.7% | -92.7% | -0.8pp | -22.9pp |
| Net Margin | -169.2% | -174.8% | -166.7% | 5.5pp | -2.5pp |
| EPS (Diluted) | $-0.33 | $-0.32 | $-0.26 | -3.1% | -26.9% |
| Free Cash Flow | -$60M | -$77M | $157M | 21.8% | -138.1% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $60M |
| GROSS PROFIT | -$32M |
| R&D Expenses | $60M |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | -$60M |
| Operating Expenses | $16M |
| Cost & Expenses | $77M |
| OPERATING INCOME | -$49M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$47M |
| Income Tax Expense | $24.0K |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $2M |
| EBIT | -$49M |
| EBITDA | -$46M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$47M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $864.0K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$54.0K |
| Purchases of Investments | -$82M |
| Sales/Maturities of Investments | $179M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $89M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$60M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $360M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $554M |
| PP&E (Net) | $118M |
| Goodwill | $42M |
| Intangible Assets | $56M |
| Long-Term Investments | $49M |
| Tax Assets | $7M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $281M |
| TOTAL ASSETS | $835M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $94M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $137M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $201M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $253M |
| TOTAL LIABILITIES | $390M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$871M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $445M |
| Minority Interest | $0 |
| TOTAL EQUITY | $445M |
| TOTAL LIABILITIES & EQUITY | $835M |
| Total Debt | $37M |
| Net Debt | -$133M |
