| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $85M | $71M | 2.0% | 22.8% |
| Op. Income | -$55M | -$57M | -$23M | 4.4% | -134.2% |
| Gross Margin | 52.4% | 52.6% | 58.5% | -0.1pp | -6.1pp |
| Net Margin | -64.8% | -68.6% | -33.7% | 3.8pp | -31.1pp |
| EPS (Diluted) | $-0.48 | $-0.51 | $-0.22 | 5.9% | -118.2% |
| Free Cash Flow | -$31M | -$24M | $13M | -28.8% | -328.0% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $45M |
| R&D Expenses | $33M |
| Selling & Marketing | $39M |
| General & Administrative | $29M |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $100M |
| Cost & Expenses | $142M |
| OPERATING INCOME | -$55M |
| Interest Income | $280.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$56M |
| Income Tax Expense | $30.0K |
| Net Income from Continuing Ops | -$56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $20M |
| EBIT | -$55M |
| EBITDA | -$35M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$56M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$444M |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$404M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $934.0K |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$406M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $282M |
| Short-Term Investments | $361M |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $720M |
| PP&E (Net) | $218M |
| Goodwill | $636M |
| Intangible Assets | $108M |
| Long-Term Investments | $429M |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $22M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $107M |
| Long-Term Debt | $932M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $194.0K |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$453M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$420.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.0B |
| Net Debt | $768M |
