| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $4M | -2.4% | 17.8% |
| Op. Income | -$30M | -$27M | -$19M | -11.3% | -55.5% |
| Gross Margin | -457.2% | -379.0% | -310.2% | -78.2pp | -147.0pp |
| Net Margin | -668.3% | -587.7% | -494.4% | -80.5pp | -173.9pp |
| EPS (Diluted) | $-0.84 | $-0.76 | $-0.65 | -10.5% | -29.2% |
| Free Cash Flow | -$33M | -$29M | -$20M | -13.7% | -64.8% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $26M |
| GROSS PROFIT | -$21M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$26M |
| Operating Expenses | $9M |
| Cost & Expenses | $35M |
| OPERATING INCOME | -$30M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$434.0K |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $637.0K |
| EBIT | -$30M |
| EBITDA | -$30M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $637.0K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$983.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $80M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $79M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4.0K |
| NET CASH FROM FINANCING | $607.0K |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $207M |
| Short-Term Investments | $75M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $290M |
| PP&E (Net) | $38M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $42M |
| TOTAL ASSETS | $332M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $43M |
| Other Current Liabilities | $236.0K |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.0K |
| TOTAL NON-CURRENT LIABILITIES | $48M |
| TOTAL LIABILITIES | $115M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $519M |
| Retained Earnings | -$303M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $217M |
| Minority Interest | $0 |
| TOTAL EQUITY | $217M |
| TOTAL LIABILITIES & EQUITY | $332M |
| Total Debt | $55M |
| Net Debt | -$152M |
