| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $88M | $61M | 16.1% | 66.8% |
| Op. Income | -$95M | -$86M | -$140M | -10.1% | 32.3% |
| Gross Margin | 63.6% | 66.0% | 69.0% | -2.4pp | -5.4pp |
| Net Margin | -93.3% | -99.8% | -224.6% | 6.5pp | 131.4pp |
| EPS (Diluted) | $-0.37 | $-0.34 | $-0.62 | -8.8% | 40.3% |
| Free Cash Flow | -$21M | -$45M | -$10M | 54.5% | -101.3% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $65M |
| R&D Expenses | $48M |
| Selling & Marketing | $87M |
| General & Administrative | $25M |
| SG&A Expenses | $112M |
| Other Expenses | $0 |
| Operating Expenses | $160M |
| Cost & Expenses | $197M |
| OPERATING INCOME | -$95M |
| Interest Income | $299.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$231.0K |
| INCOME BEFORE TAX | -$95M |
| Income Tax Expense | $684.0K |
| Net Income from Continuing Ops | -$96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$96M |
| D&A | $897.0K |
| EBIT | -$95M |
| EBITDA | -$94M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$96M |
| Depreciation & Amortization | $897.0K |
| Stock-Based Compensation | $50M |
| Deferred Income Tax | -$1.0K |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$323M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$268M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$278M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $583M |
| Short-Term Investments | $448M |
| Net Receivables | $116M |
| Inventory | $0 |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $52M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $102M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $180M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $273M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $66M |
| TOTAL LIABILITIES | $339M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$634M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $212.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $971M |
| Minority Interest | $0 |
| TOTAL EQUITY | $971M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $44M |
| Net Debt | -$539M |
