| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $160M | $203M | $133M | -21.1% | 20.7% |
| Op. Income | $15M | $3M | $14M | 430.2% | 4.9% |
| Gross Margin | 28.3% | 21.7% | 23.7% | 6.6pp | 4.7pp |
| Net Margin | 8.5% | 1.5% | 26.2% | 7.0pp | -17.7pp |
| EPS (Diluted) | $0.16 | $0.04 | $0.69 | 345.7% | -76.8% |
| Free Cash Flow | -$24M | -$33M | -$19M | 27.6% | -28.2% |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $45M |
| R&D Expenses | $228.0K |
| Selling & Marketing | $28M |
| General & Administrative | $2M |
| SG&A Expenses | $30M |
| Other Expenses | $148.0K |
| Operating Expenses | $31M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $15M |
| Interest Income | $130.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$812.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $301.0K |
| 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 | $10M |
| D&A | $4M |
| EBIT | $15M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $45M |
| R&D Expenses | $228.0K |
| Selling & Marketing | $28M |
| General & Administrative | $2M |
| SG&A Expenses | $30M |
| Other Expenses | $148.0K |
| Operating Expenses | $31M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $15M |
| Interest Income | $130.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$812.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $301.0K |
| 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 | $10M |
| D&A | $4M |
| EBIT | $15M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $923.0K |
| Deferred Income Tax | $599.0K |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $0 |
| Net Receivables | $235M |
| Inventory | $73M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $447M |
| PP&E (Net) | $120M |
| Goodwill | $91M |
| Intangible Assets | $38M |
| Long-Term Investments | $14M |
| Tax Assets | -$14M |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $283M |
| TOTAL ASSETS | $729M |
| Account Payables | $86M |
| Short-Term Debt | $10M |
| Deferred Revenue | $44M |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $230M |
| Long-Term Debt | $183M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $237M |
| TOTAL NON-CURRENT LIABILITIES | $479M |
| TOTAL LIABILITIES | $709M |
| Common Stock | $5M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$1.4B |
| Treasury Stock | -$111M |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $23M |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $729M |
| Total Debt | $259M |
| Net Debt | $143M |
