| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $53M | $36M | 16.5% | 72.1% |
| Op. Income | -$10M | -$13M | -$10M | 21.9% | 1.0% |
| Gross Margin | 86.0% | 85.8% | 85.5% | 0.2pp | 0.6pp |
| Net Margin | -16.8% | -24.7% | -29.0% | 7.9pp | 12.2pp |
| EPS (Diluted) | $-0.38 | $-0.48 | $-0.39 | 20.8% | 2.6% |
| Free Cash Flow | -$1M | -$12M | -$10M | 87.4% | 85.3% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $53M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $71M |
| OPERATING INCOME | -$10M |
| Interest Income | $22.0K |
| Interest Expense | $537.0K |
| Other Income/Expenses | -$548.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $3.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $336.0K |
| EBIT | -$10M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $336.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$338.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $31M |
| NET CASH FROM INVESTING | $30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $210M |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $16M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $255M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $204.0K |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $279M |
| Account Payables | $10M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $19M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $124.0K |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $497M |
| Retained Earnings | -$277M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $220M |
| Minority Interest | $0 |
| TOTAL EQUITY | $220M |
| TOTAL LIABILITIES & EQUITY | $279M |
| Total Debt | $31M |
| Net Debt | -$179M |
