Q1 2021 Earnings

Reported March 31, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q1 2021	Q4 2020	Q1 2020	QoQ Change	YoY Change
Revenue	$1M	$1M	$868.0K	-2.2%	41.1%
Op. Income	-$70.4K	$539.0K	$21.0K	-113.1%	-435.2%
Gross Margin	3.9%	43.2%	10.7%	-39.3pp	-6.8pp
Net Margin	-6.8%	45.1%	0.5%	-52.0pp	-7.3pp
EPS (Diluted)	$-0.00	$0.01	$0.00	-114.6%	-314.3%

Income Statement

Item	Amount
REVENUE	$1M
Cost of Revenue	$1M
GROSS PROFIT	$47.9K
R&D Expenses	$0
Selling & Marketing	$375
General & Administrative	$117.9K
SG&A Expenses	$118.3K
Other Expenses	$0
Operating Expenses	$118.3K
Cost & Expenses	$1M
OPERATING INCOME	-$70.4K
Interest Income	$0
Interest Expense	$13.5K
Other Income/Expenses	-$13.5K
INCOME BEFORE TAX	-$83.9K
Income Tax Expense	$0
Net Income from Continuing Ops	-$83.9K
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$83.9K
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$83.9K
D&A	$31.0K
EBIT	-$70.4K
EBITDA	-$39.3K
EPS	-$0
EPS Diluted	-$0