| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $15M | $9M | 91.3% | 196.2% |
| Op. Income | -$10M | -$19M | -$16M | 48.4% | 40.3% |
| Gross Margin | 9.8% | -53.9% | -82.1% | 63.7pp | 91.9pp |
| Net Margin | -21.9% | -207.1% | 315.5% | 185.2pp | -337.4pp |
| EPS (Diluted) | $-1.30 | $-6.60 | $9.40 | 80.3% | -113.8% |
| Free Cash Flow | -$11M | -$33M | -$14M | 67.5% | 25.2% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $3M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | -$25M |
| Operating Expenses | $13M |
| Cost & Expenses | $38M |
| OPERATING INCOME | -$10M |
| Interest Income | $175.0K |
| Interest Expense | $847.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $1M |
| EBIT | -$10M |
| EBITDA | -$9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$39.0K |
| NET CASH FROM FINANCING | -$39.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $574.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $202M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $278M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $60M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $82M |
| TOTAL ASSETS | $360M |
| Account Payables | $8M |
| Short-Term Debt | $3M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $193.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $572M |
| Retained Earnings | -$264M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$45.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $308M |
| Minority Interest | $0 |
| TOTAL EQUITY | $308M |
| TOTAL LIABILITIES & EQUITY | $360M |
| Total Debt | $25M |
| Net Debt | -$32M |
