| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $129M | $121M | $89M | 6.2% | 44.2% |
| Op. Income | -$4M | -$11M | $4M | 62.4% | -208.8% |
| Gross Margin | 66.6% | 66.2% | 66.9% | 0.3pp | -0.4pp |
| Net Margin | -28.7% | -20.1% | -6.1% | -8.6pp | -22.6pp |
| EPS (Diluted) | $-0.20 | $-0.13 | $-0.03 | -53.8% | -611.7% |
| Free Cash Flow | $9M | $11M | $20M | -18.7% | -55.4% |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $86M |
| R&D Expenses | $13M |
| Selling & Marketing | $25M |
| General & Administrative | $26M |
| SG&A Expenses | $51M |
| Other Expenses | $26M |
| Operating Expenses | $90M |
| Cost & Expenses | $133M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$37M |
| D&A | $26M |
| EBIT | -$33M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$37M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $453.0K |
| Other Non-Cash Items | $29M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$796.0K |
| Acquisitions (Net) | -$114M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$118M |
| Net Debt Issuance | -$412M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$104M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $0 |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $163M |
| PP&E (Net) | $14M |
| Goodwill | $796M |
| Intangible Assets | $491M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $10M |
| Short-Term Debt | $6M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $379M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $418M |
| TOTAL LIABILITIES | $505M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$508M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$972.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $984M |
| Minority Interest | $0 |
| TOTAL EQUITY | $984M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $385M |
| Net Debt | $289M |
