| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | $16M | 0.5% | -42.3% |
| Op. Income | -$15M | -$11M | -$2M | -39.5% | -682.5% |
| Gross Margin | 79.9% | 78.6% | 88.0% | 1.3pp | -8.2pp |
| Net Margin | -184.3% | -111.1% | -24.2% | -73.2pp | -160.1pp |
| EPS (Diluted) | $-0.58 | $-0.35 | $-0.30 | -65.7% | -93.3% |
| Free Cash Flow | -$8M | -$11M | $1M | 25.1% | -885.5% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $7M |
| R&D Expenses | $8M |
| Selling & Marketing | $7M |
| General & Administrative | $6M |
| SG&A Expenses | $13M |
| Other Expenses | $615.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$15M |
| Interest Income | $6.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $615.0K |
| EBIT | -$15M |
| EBITDA | -$15M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $701.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $162.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$131.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$131.0K |
| Net Debt Issuance | -$44.0K |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$2.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $120M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $142M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $150.0K |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $168M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $36M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $76M |
| Common Stock | $29.0K |
| Additional Paid-In Capital | $642M |
| Retained Earnings | -$550M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $841.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $93M |
| Minority Interest | $0 |
| TOTAL EQUITY | $93M |
| TOTAL LIABILITIES & EQUITY | $168M |
| Total Debt | $38M |
| Net Debt | -$81M |
