| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $32M | $17M | -13.2% | 64.1% |
| Op. Income | -$33M | -$24M | -$56M | -36.8% | 41.3% |
| Gross Margin | 35.5% | 45.8% | 19.6% | -10.3pp | 15.9pp |
| Net Margin | -116.8% | -75.0% | -324.2% | -41.8pp | 207.3pp |
| EPS (Diluted) | $-0.72 | $-0.54 | $-1.69 | -33.3% | 57.4% |
| Free Cash Flow | -$29M | -$27M | -$37M | -4.1% | 22.7% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $10M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | -$77.0K |
| Operating Expenses | $43M |
| Cost & Expenses | $61M |
| OPERATING INCOME | -$33M |
| Interest Income | $134.0K |
| Interest Expense | $118.0K |
| Other Income/Expenses | -$61.0K |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $46.0K |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $2M |
| EBIT | -$33M |
| EBITDA | -$31M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $124.0K |
| Other Non-Cash Items | $303.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$32M |
| Purchases of Investments | -$74M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $32M |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | -$833.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $327M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | $256M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $349M |
| Short-Term Investments | $238M |
| Net Receivables | $25M |
| Inventory | $13M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $634M |
| PP&E (Net) | $59M |
| Goodwill | $1M |
| Intangible Assets | $256.0K |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $700M |
| Account Payables | $9M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $625.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $210.0K |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $62M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$491M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $142.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $638M |
| Minority Interest | $0 |
| TOTAL EQUITY | $638M |
| TOTAL LIABILITIES & EQUITY | $700M |
| Total Debt | $34M |
| Net Debt | -$315M |
