| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $2M | 43.4% | 119.3% |
| Op. Income | -$18M | -$19M | -$15M | 1.3% | -21.0% |
| Gross Margin | 100.0% | -578.4% | -692.2% | 678.4pp | 792.2pp |
| Net Margin | -573.6% | -832.4% | -1231.5% | 258.8pp | 657.9pp |
| EPS (Diluted) | $-0.19 | $-0.20 | $-0.24 | 5.0% | 20.8% |
| Free Cash Flow | -$16M | -$15M | -$12M | -9.7% | -31.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $856.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$18M |
| Interest Income | $27.0K |
| Interest Expense | $762.0K |
| Other Income/Expenses | -$750.0K |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $447.0K |
| EBIT | -$18M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $447.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$20.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11.0K |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $47M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $44M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $127M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $166M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $18M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $64M |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $130M |
| Minority Interest | $0 |
| TOTAL EQUITY | $130M |
| TOTAL LIABILITIES & EQUITY | $166M |
| Total Debt | $21M |
| Net Debt | -$57M |
