| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $11M | $8M | -34.9% | -5.6% |
| Op. Income | $4M | $6M | $3M | -38.5% | 38.2% |
| Gross Margin | 97.3% | 99.6% | 99.6% | -2.3pp | -2.3pp |
| Net Margin | 52.6% | 48.5% | 37.6% | 4.1pp | 15.0pp |
| EPS (Diluted) | $0.12 | $0.17 | $0.11 | -29.4% | 9.1% |
| Free Cash Flow | $2M | $5M | $2M | -63.9% | -5.8% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $194.0K |
| GROSS PROFIT | $7M |
| R&D Expenses | $803.0K |
| Selling & Marketing | $443.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | -$86.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $4M |
| Interest Income | $438.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $538.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $340.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $186.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $194.0K |
| GROSS PROFIT | $7M |
| R&D Expenses | $803.0K |
| Selling & Marketing | $443.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | -$86.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $4M |
| Interest Income | $438.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $538.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $340.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $186.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $186.0K |
| Stock-Based Compensation | $415.0K |
| Deferred Income Tax | -$190.0K |
| Other Non-Cash Items | $23.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$1.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $61.0K |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $28M |
| Net Receivables | $15M |
| Inventory | $785.0K |
| Other Current Assets | $198.0K |
| TOTAL CURRENT ASSETS | $135M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $7M |
| Tax Assets | $3M |
| Other Non-Current Assets | $185.0K |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $161M |
| Account Payables | $117.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $314M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$102M |
| Treasury Stock | -$82M |
| Accum. Other Comp. Income | $653.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $131M |
| Minority Interest | $0 |
| TOTAL EQUITY | $131M |
| TOTAL LIABILITIES & EQUITY | $161M |
| Total Debt | $1M |
| Net Debt | -$89M |
