| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $75M | $78M | $65M | -4.3% | 15.2% |
| Op. Income | $11M | -$14M | -$12M | 177.5% | 189.2% |
| Gross Margin | 79.4% | 77.3% | 72.3% | 2.2pp | 7.1pp |
| Net Margin | 8.3% | -22.4% | -24.3% | 30.7pp | 32.6pp |
| EPS (Diluted) | $0.13 | $-0.38 | $-0.35 | 134.2% | 137.1% |
| Free Cash Flow | $8M | -$4M | -$11M | 298.4% | 172.6% |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $59M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $44M |
| Other Expenses | -$25M |
| Operating Expenses | $48M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $11M |
| Interest Income | $291.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $202.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $9M |
| EBIT | $10M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $59M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $44M |
| Other Expenses | -$25M |
| Operating Expenses | $48M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $11M |
| Interest Income | $291.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $202.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $9M |
| EBIT | $10M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$24.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$95M |
| Sales/Maturities of Investments | $79M |
| Other Investing Activities | -$288.0K |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$102.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$858.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $316M |
| Net Receivables | $35M |
| Inventory | $20M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $502M |
| PP&E (Net) | $139M |
| Goodwill | $66M |
| Intangible Assets | $339M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $562M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $280M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $400M |
| TOTAL LIABILITIES | $463M |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $943M |
| Retained Earnings | -$343M |
| Treasury Stock | -$132.0K |
| Accum. Other Comp. Income | $987.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $601M |
| Minority Interest | $0 |
| TOTAL EQUITY | $601M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $382M |
| Net Debt | $269M |
