| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $59M | $57M | 10.5% | 15.5% |
| Op. Income | $10M | $7M | $6M | 42.8% | 65.1% |
| Gross Margin | 79.8% | 77.0% | 76.8% | 2.8pp | 3.0pp |
| Net Margin | 114.6% | 11.2% | 11.4% | 103.4pp | 103.2pp |
| EPS (Diluted) | $0.94 | $0.08 | $0.08 | 1075.0% | 1075.0% |
| Free Cash Flow | $21M | $15M | $15M | 34.4% | 40.1% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $52M |
| R&D Expenses | $14M |
| Selling & Marketing | $21M |
| General & Administrative | $7M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $10M |
| Interest Income | $66.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$198.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$65M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $2M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $52M |
| R&D Expenses | $14M |
| Selling & Marketing | $21M |
| General & Administrative | $7M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $10M |
| Interest Income | $66.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$198.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$65M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $2M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$65M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$944.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $172.0K |
| NET CASH FROM FINANCING | $172.0K |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $102M |
| Net Receivables | $47M |
| Inventory | $19M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $267M |
| PP&E (Net) | $10M |
| Goodwill | $1M |
| Intangible Assets | $33.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $96M |
| TOTAL NON-CURRENT ASSETS | $107M |
| TOTAL ASSETS | $374M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $71M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $103M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $47M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $171M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $440M |
| Retained Earnings | -$188M |
| Treasury Stock | -$49M |
| Accum. Other Comp. Income | $2.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $204M |
| Minority Interest | $0 |
| TOTAL EQUITY | $204M |
| TOTAL LIABILITIES & EQUITY | $374M |
| Total Debt | $5M |
| Net Debt | -$81M |
