| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $2M | $0 | 200.0% | — |
| Op. Income | -$2M | -$4M | -$4M | 46.0% | 44.8% |
| Gross Margin | 98.2% | 100.0% | — | -1.8pp | — |
| Net Margin | -42.2% | -195.6% | — | 153.4pp | — |
| EPS (Diluted) | $-0.16 | $-0.36 | $-0.66 | 55.6% | 75.8% |
| Free Cash Flow | -$10M | $3M | -$7M | -399.9% | -50.3% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $100.0K |
| GROSS PROFIT | $6M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$2M |
| Interest Income | $2.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$158.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $0 |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $846.0K |
| Stock-Based Compensation | $184.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $160.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $282.0K |
| Inventory | $0 |
| Other Current Assets | $130.0K |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $854.0K |
| Goodwill | $2M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $676.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $41M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $900.0K |
| Other Current Liabilities | $591.0K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $239.0K |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $149M |
| Retained Earnings | -$120M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $949.0K |
| Net Debt | -$27M |
