| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $75M | $95M | $54M | -21.4% | 38.0% |
| Op. Income | -$34M | -$7M | -$33M | -373.3% | -4.3% |
| Gross Margin | 82.0% | 86.9% | 81.2% | -4.9pp | 0.8pp |
| Net Margin | -47.7% | -20.0% | -58.0% | -27.7pp | 10.3pp |
| EPS (Diluted) | $-0.36 | $-0.20 | $-0.34 | -80.0% | -5.9% |
| Free Cash Flow | $19M | $5M | $1M | 324.5% | 1423.1% |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $61M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $95M |
| Cost & Expenses | $109M |
| OPERATING INCOME | -$34M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | $559.0K |
| Net Income from Continuing Ops | -$36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$36M |
| D&A | $5M |
| EBIT | -$33M |
| EBITDA | -$28M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $504M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $520M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $754M |
| Short-Term Investments | $70M |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $900M |
| PP&E (Net) | $90M |
| Goodwill | $23M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $138M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $637.0K |
| Short-Term Debt | $13M |
| Deferred Revenue | $92M |
| Other Current Liabilities | $74M |
| TOTAL CURRENT LIABILITIES | $179M |
| Long-Term Debt | $220M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $280M |
| TOTAL LIABILITIES | $459M |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $921M |
| Retained Earnings | -$346M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $579M |
| Minority Interest | $0 |
| TOTAL EQUITY | $579M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $288M |
| Net Debt | -$466M |
