| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $11M | $6M | -17.1% | 39.4% |
| Op. Income | -$5M | -$4M | -$3M | -28.3% | -72.5% |
| Gross Margin | 90.1% | 92.0% | 96.5% | -1.8pp | -6.3pp |
| Net Margin | -55.5% | -36.2% | -59.8% | -19.3pp | 4.3pp |
| EPS (Diluted) | $-0.17 | $-0.16 | $-0.16 | -6.3% | -6.3% |
| Free Cash Flow | -$3M | -$2M | -$915.0K | -12.3% | -187.3% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $883.0K |
| GROSS PROFIT | $8M |
| R&D Expenses | $8M |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $183.0K |
| Other Income/Expenses | -$183.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $268.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $374.0K |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $374.0K |
| Stock-Based Compensation | $433.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$129.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$129.0K |
| Net Debt Issuance | -$243.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$696.0K |
| NET CASH FROM FINANCING | -$939.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $5M |
| Goodwill | $3M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $41M |
| Account Payables | $2M |
| Short-Term Debt | $859.0K |
| Deferred Revenue | $24M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $345.0K |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $61M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | -$31M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$31.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$21M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$21M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $4M |
| Net Debt | -$7M |
