| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50.9K | $6.0K | $0 | 750.6% | — |
| Op. Income | -$404.8K | -$399.1K | -$116.3K | -1.4% | -248.1% |
| Gross Margin | 49.7% | -113.8% | — | 163.5pp | — |
| Net Margin | -1256.4% | -4216.3% | — | 2959.9pp | — |
| EPS (Diluted) | $-0.03 | $-0.01 | $-0.01 | -134.1% | -231.5% |
| Free Cash Flow | -$841.6K | $54.2K | $3.9K | -1651.5% | -21767.4% |
| Item | Amount |
|---|---|
| REVENUE | $50.9K |
| Cost of Revenue | $25.6K |
| GROSS PROFIT | $25.3K |
| R&D Expenses | $90.7K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $339.4K |
| Other Expenses | $0 |
| Operating Expenses | $430.1K |
| Cost & Expenses | $455.7K |
| OPERATING INCOME | -$404.8K |
| Interest Income | $93 |
| Interest Expense | $41.1K |
| Other Income/Expenses | -$234.7K |
| INCOME BEFORE TAX | -$639.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$639.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$639.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$639.5K |
| D&A | $21.5K |
| EBIT | -$598.4K |
| EBITDA | -$576.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$639.5K |
| Depreciation & Amortization | $21.5K |
| Stock-Based Compensation | $214.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $193.8K |
| Change in Working Capital | -$632.1K |
| OPERATING CASH FLOW | -$841.6K |
| Capital Expenditure | $3 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$167.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$841.6K |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $65.7K |
| Inventory | $208.7K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $277.9K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.3K |
| TOTAL NON-CURRENT ASSETS | $292.2K |
| TOTAL ASSETS | $12M |
| Account Payables | $836.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $119 |
| Additional Paid-In Capital | $22M |
| Retained Earnings | -$13M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $2M |
| Net Debt | -$10M |
