| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $14M | $14M | -2.6% | 1.4% |
| Op. Income | -$357.0K | -$121.0K | -$393.0K | -195.0% | 9.2% |
| Gross Margin | 30.8% | 31.0% | 31.2% | -0.2pp | -0.4pp |
| Net Margin | -3.1% | -6.0% | -1.6% | 2.9pp | -1.5pp |
| EPS (Diluted) | $-0.10 | $-0.20 | $-0.05 | 50.0% | -92.7% |
| Free Cash Flow | -$976.0K | $235.0K | $3M | -515.3% | -132.1% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $4M |
| R&D Expenses | $700.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$357.0K |
| Interest Income | $175.0K |
| Interest Expense | $131.0K |
| Other Income/Expenses | -$31.0K |
| INCOME BEFORE TAX | -$388.0K |
| Income Tax Expense | $35.0K |
| Net Income from Continuing Ops | -$423.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$423.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$423.0K |
| D&A | $254.0K |
| EBIT | -$257.0K |
| EBITDA | -$3.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$423.0K |
| Depreciation & Amortization | $91.0K |
| Stock-Based Compensation | $243.0K |
| Deferred Income Tax | $111.0K |
| Other Non-Cash Items | $115.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$935.0K |
| Capital Expenditure | -$41.0K |
| Acquisitions (Net) | $1.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$40.0K |
| Net Debt Issuance | $291.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $291.0K |
| FREE CASH FLOW | -$976.0K |
| Net Change in Cash | -$744.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $5M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $21.0K |
| Long-Term Investments | $31.0K |
| Tax Assets | $8M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $61M |
| Account Payables | $12M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $954.0K |
| Deferred Revenue NC | $600.0K |
| Deferred Tax Liabilities | -$600.0K |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $44.0K |
| Additional Paid-In Capital | $18M |
| Retained Earnings | $24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $61M |
| Total Debt | $4M |
| Net Debt | -$15M |
