| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $49M | $39M | 10.4% | 38.1% |
| Op. Income | -$18M | -$14M | -$5M | -30.8% | -233.6% |
| Gross Margin | 78.0% | 81.0% | 81.2% | -2.9pp | -3.2pp |
| Net Margin | -38.1% | -27.0% | -13.5% | -11.1pp | -24.6pp |
| EPS (Diluted) | $-0.21 | $-0.14 | $-0.06 | -50.0% | -259.6% |
| Free Cash Flow | -$19M | $18M | $10M | -203.5% | -292.9% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $42M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $71M |
| OPERATING INCOME | -$18M |
| Interest Income | $20.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | -$432.0K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $5M |
| EBIT | -$21M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$916.0K |
| Acquisitions (Net) | -$196M |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $56M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$174M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $85M |
| Short-Term Investments | $318M |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $470M |
| PP&E (Net) | $34M |
| Goodwill | $248M |
| Intangible Assets | $51M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $360M |
| TOTAL ASSETS | $830M |
| Account Payables | $10M |
| Short-Term Debt | $7M |
| Deferred Revenue | $111M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $147M |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$20M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $185M |
| Common Stock | $269.0K |
| Additional Paid-In Capital | $760M |
| Retained Earnings | -$116M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$107.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $644M |
| Minority Interest | $0 |
| TOTAL EQUITY | $644M |
| TOTAL LIABILITIES & EQUITY | $830M |
| Total Debt | $49M |
| Net Debt | -$36M |
