2021 Q1 Form 10-Q Financial Statement

#000156459021024947 Filed on May 06, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $6.445M $12.92M
YoY Change -50.1% 23.8%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $13.59M $11.31M
YoY Change 20.16% 7.41%
% of Gross Profit
Research & Development $39.28M $34.65M
YoY Change 13.35% 46.15%
% of Gross Profit
Depreciation & Amortization $1.591M $1.541M
YoY Change 3.24% 18.54%
% of Gross Profit
Operating Expenses $39.28M $34.65M
YoY Change 13.35% 46.15%
Operating Profit -$46.43M -$33.05M
YoY Change 40.48% 38.8%
Interest Expense $220.0K $1.240M
YoY Change -82.26% -33.69%
% of Operating Profit
Other Income/Expense, Net $220.0K
YoY Change
Pretax Income -$46.21M -$31.81M
YoY Change 45.27% 44.99%
Income Tax
% Of Pretax Income
Net Earnings -$46.21M -$31.81M
YoY Change 45.27% 44.97%
Net Earnings / Revenue -716.91% -246.25%
Basic Earnings Per Share
Diluted Earnings Per Share -$687.9K -$630.0K
COMMON SHARES
Basic Shares Outstanding 67.73M 50.51M
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $584.1M $250.3M
YoY Change 133.36% -15.61%
Cash & Equivalents $141.5M $80.99M
Short-Term Investments $442.5M $169.3M
Other Short-Term Assets $16.10M $6.100M
YoY Change 163.93% 74.29%
Inventory
Prepaid Expenses
Receivables $953.0K $13.37M
Other Receivables $0.00 $0.00
Total Short-Term Assets $601.1M $269.8M
YoY Change 122.79% -11.16%
LONG-TERM ASSETS
Property, Plant & Equipment $94.10M $42.20M
YoY Change 122.99% 153.16%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $16.70M $0.00
YoY Change
Other Assets $5.000M $2.800M
YoY Change 78.57% -6.32%
Total Long-Term Assets $115.8M $45.00M
YoY Change 157.33% 10.65%
TOTAL ASSETS
Total Short-Term Assets $601.1M $269.8M
Total Long-Term Assets $115.8M $45.00M
Total Assets $716.9M $314.8M
YoY Change 127.73% -8.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.700M $3.900M
YoY Change 123.08% 5.78%
Accrued Expenses $21.22M $13.10M
YoY Change 61.92% 69.39%
Deferred Revenue $12.64M
YoY Change -46.06%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $60.70M $35.30M
YoY Change 71.94% -10.02%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $110.3M $31.70M
YoY Change 247.95% -22.3%
Total Long-Term Liabilities $110.3M $31.70M
YoY Change 247.95% -22.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $60.70M $35.30M
Total Long-Term Liabilities $110.3M $31.70M
Total Liabilities $171.0M $67.00M
YoY Change 155.22% -16.25%
SHAREHOLDERS EQUITY
Retained Earnings -$332.7M
YoY Change 49.0%
Common Stock $580.1M
YoY Change 18.97%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $545.9M $247.8M
YoY Change
Total Liabilities & Shareholders Equity $716.9M $314.8M
YoY Change 127.77% -8.6%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$46.21M -$31.81M
YoY Change 45.27% 44.97%
Depreciation, Depletion And Amortization $1.591M $1.541M
YoY Change 3.24% 18.54%
Cash From Operating Activities -$52.38M -$38.55M
YoY Change 35.88% 79.67%
INVESTING ACTIVITIES
Capital Expenditures $2.412M $845.0K
YoY Change 185.44% -44.88%
Acquisitions
YoY Change
Other Investing Activities -$23.13M $58.29M
YoY Change -139.68% 706.22%
Cash From Investing Activities -$25.54M $57.45M
YoY Change -144.46% 908.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $45.26M $4.528M
YoY Change 899.45% 24.43%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 58.60M 4.864M
YoY Change 1104.67% 21.63%
NET CHANGE
Cash From Operating Activities -52.38M -38.55M
Cash From Investing Activities -25.54M 57.45M
Cash From Financing Activities 58.60M 4.864M
Net Change In Cash -19.32M 23.77M
YoY Change -181.3% -302.12%
FREE CASH FLOW
Cash From Operating Activities -$52.38M -$38.55M
Capital Expenditures $2.412M $845.0K
Free Cash Flow -$54.79M -$39.39M
YoY Change 39.09% 71.37%

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