| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $61M | $55M | 11.7% | 22.8% |
| Op. Income | -$6M | -$4M | -$1M | -38.5% | -346.1% |
| Gross Margin | 48.5% | 51.7% | 53.8% | -3.2pp | -5.3pp |
| Net Margin | -6.6% | -11.3% | -10.2% | 4.7pp | 3.6pp |
| EPS (Diluted) | $-0.70 | $-1.09 | $-0.93 | 35.8% | 24.7% |
| Free Cash Flow | $1M | -$5M | $6M | 122.4% | -80.5% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $12M |
| Operating Expenses | $38M |
| Cost & Expenses | $73M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $12M |
| EBIT | -$3M |
| EBITDA | $10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$561.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $58M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $63M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $57M |
| Inventory | $12M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $152M |
| PP&E (Net) | $13M |
| Goodwill | $382M |
| Intangible Assets | $213M |
| Long-Term Investments | $367.0K |
| Tax Assets | $114.0K |
| Other Non-Current Assets | $458.0K |
| TOTAL NON-CURRENT ASSETS | $608M |
| TOTAL ASSETS | $760M |
| Account Payables | $21M |
| Short-Term Debt | $4M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $379M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $419M |
| TOTAL LIABILITIES | $476M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $413M |
| Retained Earnings | -$126M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $284M |
| Minority Interest | $0 |
| TOTAL EQUITY | $284M |
| TOTAL LIABILITIES & EQUITY | $760M |
| Total Debt | $383M |
| Net Debt | $311M |
