| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $1M | — | 81.1% |
| Op. Income | -$23M | — | -$14M | — | -57.1% |
| Gross Margin | -384.1% | — | -536.7% | — | 152.6pp |
| Net Margin | -1117.3% | — | -1138.8% | — | 21.5pp |
| EPS (Diluted) | $-0.09 | — | $-0.05 | — | -66.2% |
| Free Cash Flow | -$21M | — | -$13M | — | -55.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $10M |
| GROSS PROFIT | -$8M |
| R&D Expenses | $10M |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$23M |
| Interest Income | $52.8K |
| Interest Expense | $60.7K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $2M |
| EBIT | -$26M |
| EBITDA | -$24M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$549.2K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$234.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$320.6K |
| NET CASH FROM INVESTING | -$555.6K |
| Net Debt Issuance | -$364.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $607.0K |
| NET CASH FROM FINANCING | $242.1K |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $260.7K |
| Inventory | $634.9K |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $50M |
| PP&E (Net) | $3M |
| Goodwill | $3M |
| Intangible Assets | $38M |
| Long-Term Investments | $130.7K |
| Tax Assets | $39M |
| Other Non-Current Assets | -$42M |
| TOTAL NON-CURRENT ASSETS | $42M |
| TOTAL ASSETS | $92M |
| Account Payables | $8M |
| Short-Term Debt | $394.2K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $817.0K |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $57M |
| Common Stock | $120M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $92M |
| Total Debt | $1M |
| Net Debt | -$34M |
