| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $197M | $165M | $189M | 19.4% | 4.0% |
| Op. Income | $8M | $1M | $3M | 614.3% | 145.8% |
| Gross Margin | 13.3% | 11.2% | 11.1% | 2.1pp | 2.2pp |
| Net Margin | 2.2% | -0.4% | 0.7% | 2.6pp | 1.5pp |
| EPS (Diluted) | $0.16 | $-0.02 | $0.05 | 801.8% | 220.0% |
| Free Cash Flow | -$6M | -$3M | -$33M | -86.9% | 80.5% |
| Item | Amount |
|---|---|
| REVENUE | $197M |
| Cost of Revenue | $171M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $3M |
| EBIT | $9M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $197M |
| Cost of Revenue | $171M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $3M |
| EBIT | $9M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $328.0K |
| Deferred Income Tax | $813.0K |
| Other Non-Cash Items | $8.0K |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $901.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $794.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $134M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $162M |
| PP&E (Net) | $112M |
| Goodwill | $19M |
| Intangible Assets | $50M |
| Long-Term Investments | $14M |
| Tax Assets | $4M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $201M |
| TOTAL ASSETS | $363M |
| Account Payables | $113M |
| Short-Term Debt | $15M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $172M |
| Long-Term Debt | $153M |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $589.0K |
| Other Non-Current Liabilities | $67M |
| TOTAL NON-CURRENT LIABILITIES | $238M |
| TOTAL LIABILITIES | $410M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $92M |
| Retained Earnings | -$31M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$47M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$47M |
| TOTAL LIABILITIES & EQUITY | $363M |
| Total Debt | $174M |
| Net Debt | $163M |
