| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $314M | $276M | — | 14.1% | — |
| Op. Income | -$13M | -$18M | — | 28.3% | — |
| Gross Margin | -0.5% | -3.4% | — | 2.9pp | — |
| Net Margin | -17.1% | -15.9% | — | -1.2pp | — |
| EPS (Diluted) | $-0.48 | $-0.39 | — | -22.2% | — |
| Free Cash Flow | -$50M | -$54M | — | 8.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $316M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $327M |
| OPERATING INCOME | -$13M |
| Interest Income | $219.2K |
| Interest Expense | $15M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$54M |
| D&A | $17M |
| EBIT | -$39M |
| EBITDA | -$22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$54M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $49M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | -$50M |
| Net Change in Cash | -$2M |
