| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $2M | $6M | 213.0% | -13.8% |
| Op. Income | -$652.0K | -$2M | $255.0K | 66.5% | -355.7% |
| Gross Margin | 36.0% | 22.4% | 48.9% | 13.6pp | -13.0pp |
| Net Margin | -14.0% | -116.8% | 4.0% | 102.9pp | -18.0pp |
| EPS (Diluted) | $-0.03 | $-0.08 | $0.01 | 62.9% | -394.3% |
| Free Cash Flow | -$267.0K | -$3M | -$392.0K | 91.2% | 31.9% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $903.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$652.0K |
| Interest Income | $0 |
| Interest Expense | $10.0K |
| Other Income/Expenses | -$49.0K |
| INCOME BEFORE TAX | -$701.0K |
| Income Tax Expense | $34.0K |
| Net Income from Continuing Ops | -$735.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$735.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$735.0K |
| D&A | $74.0K |
| EBIT | -$691.0K |
| EBITDA | -$617.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$735.0K |
| Depreciation & Amortization | $74.0K |
| Stock-Based Compensation | $271.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $134.0K |
| OPERATING CASH FLOW | -$256.0K |
| Capital Expenditure | -$11.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11.0K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$267.0K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $8M |
| Other Current Assets | $571.0K |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $80.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $62.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $19M |
| Account Payables | $1M |
| Short-Term Debt | $4M |
| Deferred Revenue | $116.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $187.0K |
| Deferred Revenue NC | $80.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $236.0K |
| Additional Paid-In Capital | $87M |
| Retained Earnings | -$77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$45.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $5M |
| Net Debt | $248.0K |
