| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $23M | $12M | -12.0% | 62.2% |
| Op. Income | -$29M | -$35M | -$51M | 15.4% | 42.5% |
| Gross Margin | 76.4% | 75.3% | 77.8% | 1.1pp | -1.4pp |
| Net Margin | -198.2% | -186.4% | -464.0% | -11.8pp | 265.8pp |
| EPS (Diluted) | $-5.67 | $-7.34 | $-10.47 | 22.8% | 45.8% |
| Free Cash Flow | -$38M | -$31M | -$40M | -24.8% | 2.8% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $15M |
| R&D Expenses | $2M |
| Selling & Marketing | $24M |
| General & Administrative | $18M |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $49M |
| OPERATING INCOME | -$29M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $1M |
| EBIT | -$30M |
| EBITDA | -$29M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | -$63.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$438.0K |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $96M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $138M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $7M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $187M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $41M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $253.0K |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $239M |
| Account Payables | $10M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $179M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $188M |
| TOTAL LIABILITIES | $249M |
| Common Stock | $393.0K |
| Additional Paid-In Capital | $908M |
| Retained Earnings | -$918M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$9M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$9M |
| TOTAL LIABILITIES & EQUITY | $239M |
| Total Debt | $193M |
| Net Debt | $55M |
