| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $42M | $31M | 3.3% | 40.4% |
| Op. Income | -$6M | -$6M | -$4M | -1.8% | -33.1% |
| Gross Margin | 64.7% | 62.4% | 59.1% | 2.3pp | 5.6pp |
| Net Margin | -58.5% | -6.5% | -21.0% | -52.0pp | -37.5pp |
| EPS (Diluted) | $-0.24 | $-0.02 | $-0.06 | -995.9% | -306.8% |
| Free Cash Flow | -$8M | -$164.0K | $4M | -4654.3% | -300.3% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $28M |
| R&D Expenses | $12M |
| Selling & Marketing | $2M |
| General & Administrative | $20M |
| SG&A Expenses | $22M |
| Other Expenses | -$757.0K |
| Operating Expenses | $34M |
| Cost & Expenses | $49M |
| OPERATING INCOME | -$6M |
| Interest Expense | $35M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $595.0K |
| EBIT | -$23M |
| EBITDA | -$22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $595.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$856.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$623.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $158M |
| NET CASH FROM FINANCING | $157M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $150M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $220M |
| PP&E (Net) | $8M |
| Goodwill | $11M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $47M |
| TOTAL ASSETS | $267M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $63M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $108M |
| Long-Term Debt | $59M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $171M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $408M |
| Retained Earnings | -$307M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $96M |
| Minority Interest | $0 |
| TOTAL EQUITY | $96M |
| TOTAL LIABILITIES & EQUITY | $267M |
| Total Debt | $62M |
| Net Debt | -$118M |
