| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $51M | $46M | -4.2% | 6.5% |
| Op. Income | -$1M | $4M | $2M | -134.4% | -153.1% |
| Gross Margin | 4.7% | 14.7% | 12.6% | -10.0pp | -7.9pp |
| Net Margin | -1.9% | 5.8% | 4.1% | -7.6pp | -5.9pp |
| EPS (Diluted) | $-0.04 | $0.14 | $0.09 | -132.1% | -149.9% |
| Free Cash Flow | $4M | -$8M | -$1M | 154.8% | 389.1% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4M |
| Operating Expenses | $4M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $347.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$378.0K |
| Net Income from Continuing Ops | -$915.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$915.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $243.0K |
| EBIT | -$946.0K |
| EBITDA | -$703.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$915.0K |
| Depreciation & Amortization | $243.0K |
| Stock-Based Compensation | $50.0K |
| Deferred Income Tax | $368.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$24.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $590.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$127.0K |
| NET CASH FROM FINANCING | -$127.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $257M |
| Net Receivables | $52M |
| Inventory | $0 |
| Other Current Assets | -$324M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $281M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$283M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $404M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$34M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $264M |
| Common Stock | $22M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $49M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $19M |
| Other Equity | -$100.0K |
| TOTAL STOCKHOLDERS' EQUITY | $140M |
| Minority Interest | $0 |
| TOTAL EQUITY | $140M |
| TOTAL LIABILITIES & EQUITY | $404M |
| Total Debt | $34M |
| Net Debt | $19M |
