| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $17M | $10M | -11.5% | 44.3% |
| Op. Income | -$57M | -$37M | -$92M | -55.3% | 37.9% |
| Gross Margin | -35.0% | 49.8% | -683.3% | -84.8pp | 648.3pp |
| Net Margin | -92.8% | -17.8% | -909.8% | -74.9pp | 817.0pp |
| EPS (Diluted) | $-0.07 | $-0.02 | $-15.20 | -352.3% | 99.5% |
| Free Cash Flow | -$48M | -$37M | -$22M | -30.9% | -116.8% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $20M |
| GROSS PROFIT | -$5M |
| R&D Expenses | $22M |
| Selling & Marketing | $14M |
| General & Administrative | $16M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $72M |
| OPERATING INCOME | -$57M |
| Interest Income | $893.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$3.0K |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $505.0K |
| EBIT | -$14M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $505.0K |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$42M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$46M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$326M |
| Sales/Maturities of Investments | $500M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $173M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$48M |
| Net Change in Cash | $134M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $153M |
| Short-Term Investments | $315M |
| Net Receivables | $10M |
| Inventory | $24M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $544M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $580M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $129M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $863M |
| Retained Earnings | -$412M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $451M |
| Minority Interest | $0 |
| TOTAL EQUITY | $451M |
| TOTAL LIABILITIES & EQUITY | $580M |
| Total Debt | $0 |
| Net Debt | -$153M |
