| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $253M | $242M | $210M | 4.7% | 20.9% |
| Op. Income | $12M | $6M | -$27M | 80.6% | 143.6% |
| Gross Margin | 57.6% | 56.8% | 51.6% | 0.8pp | 6.0pp |
| Net Margin | 1.4% | -1.3% | -21.2% | 2.6pp | 22.5pp |
| EPS (Diluted) | $0.03 | $-0.02 | $-0.37 | 221.5% | 108.1% |
| Free Cash Flow | $20M | $33M | $2M | -38.1% | 944.2% |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $107M |
| GROSS PROFIT | $146M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $134M |
| Cost & Expenses | $242M |
| OPERATING INCOME | $12M |
| Interest Income | $81.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $19M |
| EBIT | $12M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $107M |
| GROSS PROFIT | $146M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $134M |
| Cost & Expenses | $242M |
| OPERATING INCOME | $12M |
| Interest Income | $81.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $19M |
| EBIT | $12M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $113.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $0 |
| Net Receivables | $131M |
| Inventory | $44M |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $421M |
| PP&E (Net) | $97M |
| Goodwill | $331M |
| Intangible Assets | $44M |
| Long-Term Investments | -$3M |
| Tax Assets | $3M |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $533M |
| TOTAL ASSETS | $954M |
| Account Payables | $57M |
| Short-Term Debt | $40M |
| Deferred Revenue | $196M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $415M |
| Long-Term Debt | $322M |
| Deferred Revenue NC | $123M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $504M |
| TOTAL LIABILITIES | $919M |
| Common Stock | $133.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$989M |
| Treasury Stock | -$43M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $954M |
| Total Debt | $420M |
| Net Debt | $216M |
