| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $27M | $15M | 4.6% | 91.4% |
| Op. Income | -$64M | -$36M | -$26M | -76.7% | -150.0% |
| Gross Margin | 17.1% | 36.9% | 28.6% | -19.8pp | -11.5pp |
| Net Margin | -241.7% | -119.3% | -192.4% | -122.4pp | -49.3pp |
| EPS (Diluted) | $-1.50 | $-0.70 | $-0.63 | -113.3% | -137.0% |
| Free Cash Flow | $16M | $36M | $127M | -55.6% | -87.5% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $5M |
| R&D Expenses | $60M |
| Selling & Marketing | $5M |
| General & Administrative | $13M |
| SG&A Expenses | $18M |
| Other Expenses | -$9M |
| Operating Expenses | $69M |
| Cost & Expenses | $93M |
| OPERATING INCOME | -$64M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$67M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$69M |
| D&A | $4M |
| EBIT | -$63M |
| EBITDA | -$59M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$69M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $539.0K |
| Change in Working Capital | $111M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15.2K |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$377.6K |
| NET CASH FROM FINANCING | $94M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $386M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $147M |
| Other Current Assets | $104M |
| TOTAL CURRENT ASSETS | $657M |
| PP&E (Net) | $144M |
| Goodwill | $0 |
| Intangible Assets | $40M |
| Long-Term Investments | $2M |
| Tax Assets | $7M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $214M |
| TOTAL ASSETS | $871M |
| Account Payables | $84M |
| Short-Term Debt | $8M |
| Deferred Revenue | $396M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $534M |
| Long-Term Debt | $55M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $689.8K |
| Other Non-Current Liabilities | $128M |
| TOTAL NON-CURRENT LIABILITIES | $247M |
| TOTAL LIABILITIES | $781M |
| Common Stock | $18M |
| Additional Paid-In Capital | $384M |
| Retained Earnings | -$374M |
| Treasury Stock | -$805.6K |
| Accum. Other Comp. Income | $47M |
| Other Equity | $16M |
| TOTAL STOCKHOLDERS' EQUITY | $90M |
| Minority Interest | $0 |
| TOTAL EQUITY | $90M |
| TOTAL LIABILITIES & EQUITY | $871M |
| Total Debt | $130M |
| Net Debt | -$255M |
