| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $97M | $100M | 5.2% | 3.0% |
| Op. Income | $4M | $8M | $8M | -46.0% | -44.5% |
| Gross Margin | 38.6% | 41.9% | 39.3% | -3.3pp | -0.8pp |
| Net Margin | -0.4% | 4.9% | 2.6% | -5.3pp | -3.0pp |
| EPS (Diluted) | $-0.00 | $0.05 | $0.03 | -108.2% | -114.5% |
| Free Cash Flow | $16M | $18M | -$12M | -14.0% | 226.6% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $40M |
| R&D Expenses | $13M |
| Selling & Marketing | $11M |
| General & Administrative | $11M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $331.0K |
| Income Tax Expense | $721.0K |
| Net Income from Continuing Ops | -$390.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$390.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$390.0K |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$390.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$260.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$260.0K |
| Net Debt Issuance | $841.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $789.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $0 |
| Net Receivables | $70M |
| Inventory | $137M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $359M |
| PP&E (Net) | $36M |
| Goodwill | $58M |
| Intangible Assets | $492.0K |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $127M |
| TOTAL ASSETS | $487M |
| Account Payables | $18M |
| Short-Term Debt | $19M |
| Deferred Revenue | $104M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $193M |
| Long-Term Debt | $164M |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $215M |
| TOTAL LIABILITIES | $408M |
| Common Stock | $93.0K |
| Additional Paid-In Capital | $555M |
| Retained Earnings | -$477M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $716.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $79M |
| Minority Interest | $0 |
| TOTAL EQUITY | $79M |
| TOTAL LIABILITIES & EQUITY | $487M |
| Total Debt | $210M |
| Net Debt | $84M |
