| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $95M | $95M | $75M | 0.4% | 27.4% |
| Op. Income | $8M | $9M | $2M | -16.6% | 372.8% |
| Gross Margin | 52.1% | 53.2% | 46.6% | -1.1pp | 5.6pp |
| Net Margin | 6.2% | 7.2% | 2.2% | -1.0pp | 4.0pp |
| EPS (Diluted) | $0.36 | $0.42 | $0.11 | -14.3% | 227.3% |
| Free Cash Flow | -$4M | $5M | $507.0K | -180.6% | -938.3% |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $8M |
| Interest Income | $2.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $3M |
| EBIT | $8M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $8M |
| Interest Income | $2.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $3M |
| EBIT | $8M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $571.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $47.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $62M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $134M |
| PP&E (Net) | $135M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $138M |
| TOTAL ASSETS | $272M |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $791.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $85M |
| TOTAL LIABILITIES | $179M |
| Common Stock | $163.0K |
| Additional Paid-In Capital | $75M |
| Retained Earnings | $30M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $93M |
| Minority Interest | $0 |
| TOTAL EQUITY | $93M |
| TOTAL LIABILITIES & EQUITY | $272M |
| Total Debt | $110M |
| Net Debt | $61M |
