| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $7M | $6M | 15.1% | 34.0% |
| Op. Income | -$1M | -$2M | -$586.0K | 18.5% | -110.4% |
| Gross Margin | 76.1% | 81.4% | 75.3% | -5.4pp | 0.7pp |
| Net Margin | -22.4% | -27.7% | -16.1% | 5.3pp | -6.3pp |
| EPS (Diluted) | $-0.05 | $-0.06 | $-0.04 | 16.7% | -25.0% |
| Free Cash Flow | -$700.0K | -$2M | -$2M | 70.3% | 60.2% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $360.0K |
| Other Income/Expenses | -$360.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $211.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $388.0K |
| EBIT | -$1M |
| EBITDA | -$845.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $388.0K |
| Stock-Based Compensation | $394.0K |
| Deferred Income Tax | $211.0K |
| Other Non-Cash Items | $751.0K |
| Change in Working Capital | -$495.0K |
| OPERATING CASH FLOW | -$555.0K |
| Capital Expenditure | -$145.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$146.0K |
| Net Debt Issuance | -$133.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $302.0K |
| NET CASH FROM FINANCING | $169.0K |
| FREE CASH FLOW | -$700.0K |
| Net Change in Cash | -$613.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $40M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $65M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $175.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $74M |
| Account Payables | $961.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $346.0K |
| Additional Paid-In Capital | $138M |
| Retained Earnings | -$82M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $5M |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $74M |
| Total Debt | $0 |
| Net Debt | -$15M |
