| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $55M | $41M | -9.1% | 21.9% |
| Op. Income | -$10M | -$2M | -$4M | -364.9% | -158.4% |
| Gross Margin | -9.6% | 6.6% | 1.9% | -16.2pp | -11.5pp |
| Net Margin | -35.3% | -19.2% | -29.9% | -16.0pp | -5.4pp |
| EPS (Diluted) | $-0.55 | $-0.34 | $-0.59 | -61.8% | 6.8% |
| Free Cash Flow | -$8M | -$11M | -$4M | 27.6% | -85.7% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $55M |
| GROSS PROFIT | -$5M |
| R&D Expenses | $22.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $60M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $1M |
| EBIT | -$11M |
| EBITDA | -$10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $285.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$126.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$936.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$786.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $5M |
| Other Current Assets | $545.0K |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $127M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $130M |
| TOTAL ASSETS | $147M |
| Account Payables | $14M |
| Short-Term Debt | $24M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $161M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $204M |
| TOTAL LIABILITIES | $279M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $193M |
| Retained Earnings | -$320M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$132M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$132M |
| TOTAL LIABILITIES & EQUITY | $147M |
| Total Debt | $188M |
| Net Debt | $181M |
