| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $25M | $35M | 0.4% | -26.3% |
| Op. Income | $6M | -$12M | -$7M | 149.4% | 188.9% |
| Gross Margin | 88.0% | 85.7% | 81.3% | 2.3pp | 6.7pp |
| Net Margin | 14.7% | -55.8% | -30.4% | 70.5pp | 45.1pp |
| EPS (Diluted) | $1.20 | $-4.80 | $-5.25 | 125.0% | 122.9% |
| Free Cash Flow | $5M | $964.0K | -$14M | 382.8% | 132.2% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $16M |
| Operating Expenses | $16M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $46.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $7M |
| EBIT | $6M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $16M |
| Operating Expenses | $16M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $46.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $7M |
| EBIT | $6M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $867.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $233.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$335.0K |
| Common Stock Repurchased | -$9.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12.0K |
| NET CASH FROM FINANCING | -$356.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $179M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $187M |
| TOTAL ASSETS | $299M |
| Account Payables | $8M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $66M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $102M |
| TOTAL LIABILITIES | $202M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $531M |
| Retained Earnings | -$434M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $97M |
| Minority Interest | $0 |
| TOTAL EQUITY | $97M |
| TOTAL LIABILITIES & EQUITY | $299M |
| Total Debt | $82M |
| Net Debt | $23M |
