| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $1M | 17.2% | 37.6% |
| Op. Income | -$4M | -$5M | -$4M | 23.4% | 11.2% |
| Gross Margin | 76.1% | 70.5% | 67.8% | 5.6pp | 8.3pp |
| Net Margin | -268.5% | -228.1% | -415.1% | -40.5pp | 146.6pp |
| EPS (Diluted) | $-0.86 | $-0.89 | $-1.53 | 3.4% | 43.8% |
| Free Cash Flow | -$3M | -$2M | -$4M | -106.4% | 12.9% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $355.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $470.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$4M |
| Interest Income | $4.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $96.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $96.0K |
| Stock-Based Compensation | $761.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $32.0K |
| Change in Working Capital | -$343.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $1M |
| Net Receivables | $329.8K |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $710.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $48M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $715.5K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $70.4K |
| Additional Paid-In Capital | $160M |
| Retained Earnings | -$119M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$124.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $635.6K |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $48M |
| Total Debt | $1M |
| Net Debt | -$37M |
