| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $28M | $19M | 10.8% | 61.7% |
| Op. Income | -$38M | -$33M | -$32M | -15.9% | -18.4% |
| Gross Margin | 39.0% | 35.5% | 29.7% | 3.5pp | 9.3pp |
| Net Margin | -121.5% | -116.8% | -164.6% | -4.7pp | 43.1pp |
| EPS (Diluted) | $-0.78 | $-0.72 | $-0.85 | -8.3% | 8.2% |
| Free Cash Flow | -$33M | -$29M | -$61M | -15.4% | 46.3% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $12M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $84.0K |
| Operating Expenses | $50M |
| Cost & Expenses | $69M |
| OPERATING INCOME | -$38M |
| Interest Income | $157.0K |
| Interest Expense | $95.0K |
| Other Income/Expenses | $146.0K |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $61.0K |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $2M |
| EBIT | -$38M |
| EBITDA | -$35M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $613.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $15M |
| Sales/Maturities of Investments | $66M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $74M |
| Net Debt Issuance | -$834.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $399M |
| Short-Term Investments | $156M |
| Net Receivables | $24M |
| Inventory | $16M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $608M |
| PP&E (Net) | $63M |
| Goodwill | $1M |
| Intangible Assets | $203.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $69M |
| TOTAL ASSETS | $677M |
| Account Payables | $9M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $422.0K |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $63M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$529M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $190.0K |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $614M |
| Minority Interest | $0 |
| TOTAL EQUITY | $614M |
| TOTAL LIABILITIES & EQUITY | $677M |
| Total Debt | $32M |
| Net Debt | -$367M |
