| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $540.0K | $827.0K | 170.4% | 76.5% |
| Op. Income | -$16M | -$18M | -$12M | 13.6% | -36.0% |
| Gross Margin | 85.1% | 61.9% | 40.9% | 23.3pp | 44.3pp |
| Net Margin | -1075.6% | -3161.5% | -2136.5% | 2085.9pp | 1060.9pp |
| EPS (Diluted) | $-5.26 | $-5.75 | $-2.37 | 8.5% | -121.9% |
| Free Cash Flow | -$15M | -$11M | -$22M | -41.6% | 30.5% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $217.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$16M |
| Interest Income | $110.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $54.0K |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $217.0K |
| EBIT | -$16M |
| EBITDA | -$16M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $217.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$61.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$61.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$92.0K |
| NET CASH FROM FINANCING | $699.0K |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $639.0K |
| TOTAL CURRENT ASSETS | $104M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $862.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $33.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $110M |
| Account Payables | $8M |
| Short-Term Debt | $870.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $304.0K |
| Additional Paid-In Capital | $299M |
| Retained Earnings | -$230M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$73.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $65M |
| Minority Interest | $0 |
| TOTAL EQUITY | $65M |
| TOTAL LIABILITIES & EQUITY | $110M |
| Total Debt | $5M |
| Net Debt | -$98M |
