| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $2M | -6.4% | 20.8% |
| Op. Income | -$1M | -$2M | -$722.9K | 4.5% | -101.8% |
| Gross Margin | 66.4% | 48.7% | 59.8% | 17.7pp | 6.6pp |
| Net Margin | -57.1% | -48.0% | -55.4% | -9.1pp | -1.7pp |
| EPS (Diluted) | $-4.46 | $-17.31 | $-26.62 | 74.2% | 83.2% |
| Free Cash Flow | -$6M | -$3M | -$593.3K | -89.0% | -973.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $913.8K |
| GROSS PROFIT | $2M |
| R&D Expenses | $543.6K |
| Selling & Marketing | $513.1K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $171.6K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$1M |
| Interest Income | $3.7K |
| Interest Expense | $75.9K |
| Other Income/Expenses | -$94.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $254.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $254.0K |
| Stock-Based Compensation | $399.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$290.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$290.8K |
| Net Debt Issuance | $500.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20.1K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $179.4K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $44.7K |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $27.6K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $18M |
| Account Payables | $351.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $718.7K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $697 |
| Additional Paid-In Capital | $48M |
| Retained Earnings | -$36M |
| Treasury Stock | -$172 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $3M |
| Net Debt | -$6M |
