| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $33M | $27M | 39.9% | 67.6% |
| Op. Income | -$32M | -$28M | -$16M | -12.9% | -99.8% |
| Net Margin | -65.2% | -81.7% | -49.7% | 16.5pp | -15.5pp |
| EPS (Diluted) | $-0.29 | $-0.26 | $-0.13 | -11.5% | -123.1% |
| Free Cash Flow | -$34M | $257M | -$36M | -113.1% | 5.7% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $59M |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $577.0K |
| Operating Expenses | $78M |
| Cost & Expenses | $78M |
| OPERATING INCOME | -$32M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $2M |
| EBIT | -$32M |
| EBITDA | -$30M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$665.0K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$55M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $326M |
| Short-Term Investments | $190M |
| Net Receivables | $671.0K |
| Inventory | $7M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $526M |
| PP&E (Net) | $66M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $128M |
| Tax Assets | $0 |
| Other Non-Current Assets | $272.0K |
| TOTAL NON-CURRENT ASSETS | $209M |
| TOTAL ASSETS | $735M |
| Account Payables | $10M |
| Short-Term Debt | $1M |
| Deferred Revenue | $151M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $195M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $80M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $103M |
| TOTAL LIABILITIES | $298M |
| Common Stock | $197.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$581M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $62.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $437M |
| Minority Interest | $0 |
| TOTAL EQUITY | $437M |
| TOTAL LIABILITIES & EQUITY | $735M |
| Total Debt | $24M |
| Net Debt | -$302M |
