Q2 2021 Earnings

Reported June 29, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q2 2021	Q1 2021	Q2 2020	QoQ Change	YoY Change
Revenue	$136M	$132M	—	2.8%	—
Op. Income	$17M	$16M	—	8.5%	—
Gross Margin	44.5%	44.1%	—	0.4pp	—
Net Margin	-6.8%	-8.2%	—	1.4pp	—
EPS (Diluted)	$-0.06	$-0.06	—	14.5%	—

Income Statement

Item	Amount
REVENUE	$136M
Cost of Revenue	$75M
GROSS PROFIT	$60M
R&D Expenses	$6M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$37M
Other Expenses	$0
Operating Expenses	$43M
Cost & Expenses	$119M
OPERATING INCOME	$17M
Interest Income	$0
Interest Expense	$30M
Other Income/Expenses	-$30M
INCOME BEFORE TAX	-$12M
Income Tax Expense	-$3M
Net Income from Continuing Ops	-$9M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$9M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$9M
D&A	$43M
EBIT	$17M
EBITDA	$60M
EPS	-$0
EPS Diluted	-$0