| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $30M | $0 | -30.4% | — |
| Op. Income | -$7M | -$533.0K | -$24M | -1168.9% | 72.2% |
| Gross Margin | -6.4% | 15.7% | — | -22.1pp | — |
| Net Margin | -31.9% | -1.4% | — | -30.5pp | — |
| EPS (Diluted) | $-0.24 | $-0.02 | $-0.87 | -1428.7% | 72.4% |
| Free Cash Flow | -$7M | $9M | -$17M | -182.2% | 58.0% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $22M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$22M |
| Operating Expenses | $5M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$7M |
| Interest Income | $64.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $97.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $669.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $669.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $85.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$172.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | $15.0K |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $241.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $336M |
| Short-Term Investments | $38M |
| Net Receivables | $761.0K |
| Inventory | $0 |
| Other Current Assets | $60.0K |
| TOTAL CURRENT ASSETS | $387M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $258.0K |
| TOTAL NON-CURRENT ASSETS | $38M |
| TOTAL ASSETS | $424M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $673M |
| Retained Earnings | -$289M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$200.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $384M |
| Minority Interest | $0 |
| TOTAL EQUITY | $384M |
| TOTAL LIABILITIES & EQUITY | $424M |
| Total Debt | $21M |
| Net Debt | -$315M |
