| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $20M | $11M | 15.8% | 114.9% |
| Op. Income | -$35M | -$29M | -$45M | -20.2% | 21.9% |
| Gross Margin | 82.0% | 76.4% | 58.9% | 5.6pp | 23.2pp |
| Net Margin | -185.4% | -198.2% | -485.7% | 12.8pp | 300.3pp |
| EPS (Diluted) | $-5.41 | $-5.67 | $-9.56 | 4.6% | 43.4% |
| Free Cash Flow | -$27M | -$38M | -$56M | 30.8% | 52.8% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $19M |
| R&D Expenses | $2M |
| Selling & Marketing | $32M |
| General & Administrative | $20M |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $58M |
| OPERATING INCOME | -$35M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $1M |
| EBIT | -$36M |
| EBITDA | -$35M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$89.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$48.0K |
| NET CASH FROM INVESTING | -$89.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $265.0K |
| NET CASH FROM FINANCING | $428.0K |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $0 |
| Net Receivables | $33M |
| Inventory | $8M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $160M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $40M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $253.0K |
| TOTAL NON-CURRENT ASSETS | $51M |
| TOTAL ASSETS | $211M |
| Account Payables | $15M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $175M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $358.0K |
| TOTAL NON-CURRENT LIABILITIES | $184M |
| TOTAL LIABILITIES | $260M |
| Common Stock | $395.0K |
| Additional Paid-In Capital | $912M |
| Retained Earnings | -$961M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$49M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$49M |
| TOTAL LIABILITIES & EQUITY | $211M |
| Total Debt | $194M |
| Net Debt | $82M |
