| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $3M | 8.9% | -59.6% |
| Op. Income | -$113M | -$138M | -$92M | 17.6% | -23.0% |
| Gross Margin | 100.0% | 100.0% | -2223.5% | 0.0pp | 2323.5pp |
| Net Margin | -7219.0% | -13148.1% | -4415.7% | 5929.1pp | -2803.3pp |
| EPS (Diluted) | $-1.72 | $-2.92 | $-2.70 | 41.2% | 36.4% |
| Free Cash Flow | -$127M | -$139M | -$74M | 8.4% | -72.4% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1M |
| R&D Expenses | $69M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $115M |
| OPERATING INCOME | -$113M |
| Interest Income | $25M |
| Interest Expense | $1M |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | -$94M |
| Income Tax Expense | $5.8K |
| Net Income from Continuing Ops | -$94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$94M |
| D&A | $5M |
| EBIT | -$93M |
| EBITDA | -$88M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$94M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $7.0K |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$114M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $433M |
| FREE CASH FLOW | -$127M |
| Net Change in Cash | $361M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $810M |
| Short-Term Investments | $193M |
| Net Receivables | $623.2K |
| Inventory | $65M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $148M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $135M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $291M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $89M |
| Short-Term Debt | $0 |
| Deferred Revenue | $42.1K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $112M |
| TOTAL LIABILITIES | $247M |
| Common Stock | $9M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $220M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $120M |
| Net Debt | -$691M |
