| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | $9M | 2.5% | 0.1% |
| Op. Income | -$12M | -$11M | -$5M | -6.0% | -134.4% |
| Gross Margin | -72.7% | -71.1% | 96.8% | -1.6pp | -169.5pp |
| Net Margin | -129.0% | -125.0% | -54.9% | -4.0pp | -74.1pp |
| EPS (Diluted) | $-0.31 | $-0.33 | $-0.17 | 6.1% | -82.4% |
| Free Cash Flow | -$13M | -$14M | $90M | 4.3% | -114.4% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $16M |
| GROSS PROFIT | -$7M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | -$15M |
| Operating Expenses | $5M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$12M |
| Interest Income | $131.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $131.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $500.0K |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $780.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$458.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$149M |
| Sales/Maturities of Investments | $94M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $87M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $156M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $269M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $121M |
| Tax Assets | $0 |
| Other Non-Current Assets | $323.0K |
| TOTAL NON-CURRENT ASSETS | $130M |
| TOTAL ASSETS | $399M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.0K |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $82M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $476M |
| Retained Earnings | -$159M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$50.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $318M |
| Minority Interest | $0 |
| TOTAL EQUITY | $318M |
| TOTAL LIABILITIES & EQUITY | $399M |
| Total Debt | $6M |
| Net Debt | -$103M |
