| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $102M | $83M | 7.6% | 32.9% |
| Op. Income | -$31M | -$46M | -$12M | 31.4% | -164.4% |
| Gross Margin | 61.6% | 59.7% | 52.9% | 1.9pp | 8.8pp |
| Net Margin | -29.5% | -45.4% | -14.4% | 15.9pp | -15.2pp |
| EPS (Diluted) | $-0.23 | $-0.35 | $-0.29 | 34.3% | 20.7% |
| Free Cash Flow | $7M | -$8M | -$4M | 184.0% | 271.3% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $68M |
| R&D Expenses | $34M |
| Selling & Marketing | $45M |
| General & Administrative | $20M |
| SG&A Expenses | $65M |
| Other Expenses | -$286.0K |
| Operating Expenses | $99M |
| Cost & Expenses | $141M |
| OPERATING INCOME | -$31M |
| Interest Income | $62.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$224.0K |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $800.0K |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $4M |
| EBIT | -$31M |
| EBITDA | -$27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $54.0K |
| Other Non-Cash Items | $152.0K |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$238.0K |
| NET CASH FROM INVESTING | $32M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $801M |
| Short-Term Investments | $15M |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $870M |
| PP&E (Net) | $42M |
| Goodwill | $0 |
| Intangible Assets | $10M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $85M |
| TOTAL ASSETS | $955M |
| Account Payables | $56M |
| Short-Term Debt | $8M |
| Deferred Revenue | $91M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $181M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $573.0K |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $199M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$441M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $756M |
| Minority Interest | $0 |
| TOTAL EQUITY | $756M |
| TOTAL LIABILITIES & EQUITY | $955M |
| Total Debt | $21M |
| Net Debt | -$780M |
