| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $143M | $126M | $94M | 13.3% | 52.3% |
| Op. Income | -$42M | -$45M | -$16M | 5.9% | -159.7% |
| Gross Margin | 77.7% | 75.1% | 78.5% | 2.6pp | -0.8pp |
| Net Margin | -38.6% | -39.4% | -18.2% | 0.8pp | -20.3pp |
| EPS (Diluted) | $-0.41 | $-0.38 | $-0.13 | -7.9% | -215.4% |
| Free Cash Flow | $42M | $11M | $9M | 286.9% | 348.4% |
| Item | Amount |
|---|---|
| REVENUE | $143M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $111M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $153M |
| Cost & Expenses | $185M |
| OPERATING INCOME | -$42M |
| Interest Income | $940.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$55M |
| Income Tax Expense | $498.0K |
| Net Income from Continuing Ops | -$55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$55M |
| D&A | $21M |
| EBIT | -$41M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$55M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $57M |
| Deferred Income Tax | -$520.0K |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$175M |
| Sales/Maturities of Investments | $88M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$98M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $102M |
| Short-Term Investments | $1.3B |
| Net Receivables | $106M |
| Inventory | $0 |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $130M |
| Goodwill | $30M |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $273M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $340M |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $416M |
| Long-Term Debt | $874M |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $944M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $134.0K |
| Additional Paid-In Capital | $887M |
| Retained Earnings | -$395M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$267.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $492M |
| Minority Interest | $0 |
| TOTAL EQUITY | $492M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $927M |
| Net Debt | $825M |
