| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $208M | $223M | $251M | -6.7% | -17.3% |
| Op. Income | -$72M | -$30M | $18M | -139.1% | -501.8% |
| Gross Margin | 64.9% | 69.2% | 71.8% | -4.3pp | -6.9pp |
| Net Margin | -19.2% | -5.6% | 5.5% | -13.6pp | -24.7pp |
| EPS (Diluted) | $-6.45 | $-2.50 | $2.73 | -158.0% | -336.3% |
| Free Cash Flow | -$148M | -$31M | $19M | -383.9% | -879.4% |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $135M |
| R&D Expenses | $30M |
| Selling & Marketing | $154M |
| General & Administrative | $23M |
| SG&A Expenses | $177M |
| Other Expenses | $0 |
| Operating Expenses | $207M |
| Cost & Expenses | $280M |
| OPERATING INCOME | -$72M |
| Interest Income | $0 |
| Interest Expense | $62.0K |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $15M |
| EBIT | -$41M |
| EBITDA | -$27M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$40M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | -$68M |
| OPERATING CASH FLOW | -$114M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $673.0K |
| NET CASH FROM FINANCING | $673.0K |
| FREE CASH FLOW | -$148M |
| Net Change in Cash | -$147M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $141M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $405M |
| PP&E (Net) | $143M |
| Goodwill | $177M |
| Intangible Assets | $93M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $454M |
| TOTAL ASSETS | $859M |
| Account Payables | $48M |
| Short-Term Debt | $0 |
| Deferred Revenue | $127M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $278M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $333M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $605M |
| Retained Earnings | -$79M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $526M |
| Minority Interest | $0 |
| TOTAL EQUITY | $526M |
| TOTAL LIABILITIES & EQUITY | $859M |
| Total Debt | $34M |
| Net Debt | -$166M |
