| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $893.0K | 103.1% | 157.4% |
| Op. Income | -$25M | -$20M | -$16M | -26.7% | -56.7% |
| Gross Margin | -4.0% | -4.6% | -2.0% | 0.5pp | -2.0pp |
| Net Margin | -1097.8% | -1760.4% | -1795.4% | 662.6pp | 697.6pp |
| EPS (Diluted) | $-0.80 | $-0.64 | $-0.73 | -25.0% | -9.6% |
| Free Cash Flow | -$22M | -$20M | -$13M | -7.9% | -67.3% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$93.0K |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$25M |
| Interest Income | $7.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$9.0K |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $85.0K |
| EBIT | -$25M |
| EBITDA | -$25M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $85.0K |
| Stock-Based Compensation | $713.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$492.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $98.0K |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $5M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $74M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $869.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $79M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $853.0K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $550.0K |
| TOTAL LIABILITIES | $18M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $443M |
| Retained Earnings | -$382M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61M |
| Minority Interest | $0 |
| TOTAL EQUITY | $61M |
| TOTAL LIABILITIES & EQUITY | $79M |
| Total Debt | $2M |
| Net Debt | -$57M |
