| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $5M | $5M | 8.5% | 8.0% |
| Op. Income | $1M | $1M | $1M | 0.5% | 0.8% |
| Gross Margin | 72.3% | 69.8% | 67.1% | 2.5pp | 5.2pp |
| Net Margin | 26.1% | 41.1% | 19.0% | -15.0pp | 7.1pp |
| EPS (Diluted) | $0.13 | $0.20 | $0.09 | -35.0% | 43.5% |
| Free Cash Flow | $3M | $215.1K | -$466.3K | 1274.8% | 734.2% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $675.8K |
| Selling & Marketing | $23.9K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $3.6K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $6.1K |
| Other Income/Expenses | -$11.2K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | -$200.8K |
| 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 | $227.6K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $675.8K |
| Selling & Marketing | $23.9K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $3.6K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $6.1K |
| Other Income/Expenses | -$11.2K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | -$200.8K |
| 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 | $227.6K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $227.6K |
| Stock-Based Compensation | $451.6K |
| Deferred Income Tax | $217.5K |
| Other Non-Cash Items | $626.4K |
| Change in Working Capital | $778.8K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$239.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$30.9K |
| NET CASH FROM INVESTING | -$239.4K |
| Net Debt Issuance | -$127.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$127.9K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $11M |
| Other Current Assets | $86.3K |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $411.5K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $44M |
| Account Payables | $955.9K |
| Short-Term Debt | $193.3K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $181.2K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $181.2K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $10.9K |
| Additional Paid-In Capital | $61M |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $44M |
| Total Debt | $193.3K |
| Net Debt | -$19M |
