| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $47M | $9M | 30.5% | 543.7% |
| Op. Income | $4M | $2M | -$2M | 126.0% | 300.2% |
| Gross Margin | 25.9% | 27.5% | 21.4% | -1.6pp | 4.5pp |
| Net Margin | 1.2% | -4.7% | -44.4% | 5.9pp | 45.6pp |
| EPS (Diluted) | $1.50 | $-9.00 | $-22.80 | 116.7% | 106.6% |
| Free Cash Flow | -$9M | -$3M | -$804.3K | -185.3% | -969.6% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $16M |
| R&D Expenses | $355.0K |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $870.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $729.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $729.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $412.0K |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $16M |
| R&D Expenses | $355.0K |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $870.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $729.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $729.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $412.0K |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $728.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$331.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$91.0K |
| Acquisitions (Net) | -$119.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $119.0K |
| NET CASH FROM INVESTING | -$91.0K |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$315.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $48M |
| Inventory | $31M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $99M |
| PP&E (Net) | $627.0K |
| Goodwill | $23M |
| Intangible Assets | $50M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $245.0K |
| TOTAL NON-CURRENT ASSETS | $74M |
| TOTAL ASSETS | $174M |
| Account Payables | $33M |
| Short-Term Debt | $24M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $350.0K |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $90M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $106M |
| Retained Earnings | -$54M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $83M |
| Minority Interest | $0 |
| TOTAL EQUITY | $83M |
| TOTAL LIABILITIES & EQUITY | $174M |
| Total Debt | $24M |
| Net Debt | $18M |
