| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $99M | $74M | $54M | 33.1% | 82.3% |
| Op. Income | $6M | -$2M | $4M | 406.6% | 61.5% |
| Gross Margin | 8.3% | -0.1% | 11.9% | 8.4pp | -3.6pp |
| Net Margin | 9.3% | 4.7% | 12.7% | 4.6pp | -3.4pp |
| EPS (Diluted) | $0.21 | $0.08 | $0.16 | 162.5% | 31.2% |
| Free Cash Flow | $22M | $12M | -$9M | 88.7% | 356.3% |
| Item | Amount |
|---|---|
| REVENUE | $99M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $8M |
| R&D Expenses | $814.0K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $6M |
| Interest Income | $654.0K |
| Interest Expense | $32.0K |
| Other Income/Expenses | -$121.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $99M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $8M |
| R&D Expenses | $814.0K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $6M |
| Interest Income | $654.0K |
| Interest Expense | $32.0K |
| Other Income/Expenses | -$121.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$177.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$458.0K |
| NET CASH FROM INVESTING | -$357.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $45M |
| Net Receivables | $36M |
| Inventory | $44M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $245M |
| PP&E (Net) | $84M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $128.0K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $90M |
| TOTAL ASSETS | $335M |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $128.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $68M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $282M |
| Retained Earnings | -$16M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $155.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $267M |
| Minority Interest | $0 |
| TOTAL EQUITY | $267M |
| TOTAL LIABILITIES & EQUITY | $335M |
| Total Debt | $639.0K |
| Net Debt | -$116M |
