| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | $99M | $75M | -1.9% | 28.7% |
| Op. Income | $17M | $18M | -$1M | -6.5% | 1757.6% |
| Gross Margin | 72.1% | 70.2% | 59.1% | 1.9pp | 12.9pp |
| Net Margin | 6.0% | 11.3% | -37.3% | -5.3pp | 43.3pp |
| EPS (Diluted) | $0.15 | $0.28 | $-0.77 | -46.4% | 119.5% |
| Free Cash Flow | $21M | $13M | $13M | 58.2% | 58.3% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $70M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $17M |
| Interest Income | $34.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $7M |
| EBIT | $15M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $70M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $17M |
| Interest Income | $34.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $7M |
| EBIT | $15M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $438.0K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $29M |
| Net Receivables | $53M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $272M |
| PP&E (Net) | $48M |
| Goodwill | $1.1B |
| Intangible Assets | $31M |
| Long-Term Investments | $7M |
| Tax Assets | $165M |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $11M |
| Short-Term Debt | $6M |
| Deferred Revenue | $85M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $169M |
| Long-Term Debt | $265M |
| Deferred Revenue NC | $205M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $518M |
| TOTAL LIABILITIES | $687M |
| Common Stock | $379.0K |
| Additional Paid-In Capital | $992M |
| Retained Earnings | $20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $290M |
| Net Debt | $169M |
