| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $259.9K | $471.3K | 384.7% | 167.3% |
| Op. Income | -$693.4K | -$1M | -$1M | 44.1% | 41.9% |
| Gross Margin | 56.6% | 47.2% | 36.0% | 9.4pp | 20.7pp |
| Net Margin | -58.8% | -491.4% | -252.8% | 432.6pp | 194.0pp |
| EPS (Diluted) | $-0.08 | $-0.13 | $-0.17 | 40.3% | 54.4% |
| Free Cash Flow | -$615.7K | -$175.5K | -$563.4K | -250.8% | -9.3% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $546.2K |
| GROSS PROFIT | $713.7K |
| R&D Expenses | $588.8K |
| Selling & Marketing | $445.3K |
| General & Administrative | $373.0K |
| SG&A Expenses | $818.3K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$693.4K |
| Interest Income | $730 |
| Interest Expense | $48.4K |
| Other Income/Expenses | -$47.7K |
| INCOME BEFORE TAX | -$741.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$741.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$741.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$741.1K |
| D&A | $6.3K |
| EBIT | -$692.7K |
| EBITDA | -$686.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$741.1K |
| Depreciation & Amortization | $6.3K |
| Stock-Based Compensation | $844.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $78.8K |
| Change in Working Capital | -$804.3K |
| OPERATING CASH FLOW | -$615.7K |
| Capital Expenditure | -$32 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$32 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $214.9K |
| FREE CASH FLOW | -$615.7K |
| Net Change in Cash | -$400.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $469.3K |
| Short-Term Investments | $0 |
| Net Receivables | $403.6K |
| Inventory | $0 |
| Other Current Assets | $404.5K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $44.1K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $44.1K |
| TOTAL ASSETS | $2M |
| Account Payables | $76.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $322.9K |
| TOTAL CURRENT LIABILITIES | $439.1K |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $2M |
| Common Stock | $7.1K |
| Additional Paid-In Capital | $18M |
| Retained Earnings | -$18M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$454.7K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$454.7K |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $2M |
| Net Debt | $1M |
