| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $105M | $129M | -10.9% | -27.9% |
| Op. Income | -$10M | -$10M | -$45M | -2.3% | 77.0% |
| Gross Margin | 25.6% | 25.1% | 29.4% | 0.5pp | -3.8pp |
| Net Margin | -14.7% | -17.0% | -30.8% | 2.3pp | 16.1pp |
| EPS (Diluted) | $-0.77 | $-1.01 | $-2.31 | 23.8% | 66.7% |
| Free Cash Flow | -$3M | -$18M | $6M | 84.4% | -145.9% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $11M |
| SG&A Expenses | $34M |
| Other Expenses | $488.0K |
| Operating Expenses | $34M |
| Cost & Expenses | $104M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$60.0K |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $7M |
| EBIT | -$11M |
| EBITDA | -$4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $335.0K |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $83.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$593.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $37M |
| Inventory | $75M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $180M |
| Goodwill | $0 |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $207M |
| TOTAL ASSETS | $340M |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $88M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $184M |
| TOTAL LIABILITIES | $258M |
| Common Stock | $18M |
| Additional Paid-In Capital | $65M |
| Retained Earnings | $70M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$71M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $82M |
| Minority Interest | $0 |
| TOTAL EQUITY | $82M |
| TOTAL LIABILITIES & EQUITY | $340M |
| Total Debt | $115M |
| Net Debt | $106M |
