| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $39M | $26M | 2.5% | 50.1% |
| Op. Income | -$56M | -$50M | -$37M | -13.2% | -52.0% |
| Gross Margin | 64.0% | 72.0% | 77.0% | -8.0pp | -12.9pp |
| Net Margin | -141.6% | -128.0% | -139.6% | -13.6pp | -2.0pp |
| EPS (Diluted) | $-0.40 | $-0.35 | $-0.27 | -14.3% | -48.1% |
| Free Cash Flow | -$58M | -$59M | -$51M | 2.0% | -13.0% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $25M |
| R&D Expenses | $36M |
| Selling & Marketing | $25M |
| General & Administrative | $20M |
| SG&A Expenses | $45M |
| Other Expenses | $428.0K |
| Operating Expenses | $82M |
| Cost & Expenses | $96M |
| OPERATING INCOME | -$56M |
| Interest Income | $327.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $327.0K |
| INCOME BEFORE TAX | -$56M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $4M |
| EBIT | -$56M |
| EBITDA | -$52M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$56M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$142M |
| Sales/Maturities of Investments | $135M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$58M |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122M |
| Short-Term Investments | $293M |
| Net Receivables | $17M |
| Inventory | $18M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $467M |
| PP&E (Net) | $177M |
| Goodwill | $119M |
| Intangible Assets | $9M |
| Long-Term Investments | $217M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $526M |
| TOTAL ASSETS | $993M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $80M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $111M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $219M |
| TOTAL LIABILITIES | $341M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$657M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $652M |
| Minority Interest | $34.0K |
| TOTAL EQUITY | $652M |
| TOTAL LIABILITIES & EQUITY | $993M |
| Total Debt | $113M |
| Net Debt | -$9M |
