| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $918.0K | $6M | 173.2% | -57.0% |
| Op. Income | -$19M | -$20M | -$16M | 5.1% | -20.8% |
| Gross Margin | 100.0% | 100.0% | -240.5% | 0.0pp | 340.5pp |
| Net Margin | -820.6% | -2256.0% | -351.8% | 1435.4pp | -468.8pp |
| EPS (Diluted) | $-0.54 | $-0.55 | $-0.77 | 1.8% | 29.9% |
| Free Cash Flow | -$14M | -$23M | -$14M | 39.3% | 2.4% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$1.0K |
| Operating Expenses | $21M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$19M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $299.0K |
| EBIT | -$19M |
| EBITDA | -$19M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $299.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $776.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$169.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$169.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $820.0K |
| NET CASH FROM FINANCING | $820.0K |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $0 |
| Net Receivables | $503.0K |
| Inventory | $5M |
| Other Current Assets | $747.0K |
| TOTAL CURRENT ASSETS | $119M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $245.0K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $129M |
| Account Payables | $12M |
| Short-Term Debt | $2M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $76M |
| Deferred Revenue NC | $110.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $180.0K |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $101M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$206M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $234M |
| TOTAL STOCKHOLDERS' EQUITY | $28M |
| Minority Interest | $0 |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $129M |
| Total Debt | $77M |
| Net Debt | -$36M |
