| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $23M | $21M | 66.8% | 76.7% |
| Op. Income | -$44M | -$49M | -$47M | 10.7% | 7.0% |
| Gross Margin | 98.4% | 95.0% | 97.9% | 3.5pp | 0.5pp |
| Net Margin | -137.5% | -237.1% | -250.8% | 99.6pp | 113.3pp |
| EPS (Diluted) | $-0.69 | $-0.71 | $-10.92 | 2.8% | 93.7% |
| Free Cash Flow | -$24M | -$56M | -$44M | 57.0% | 45.9% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $589.0K |
| GROSS PROFIT | $37M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $81M |
| Cost & Expenses | $82M |
| OPERATING INCOME | -$44M |
| Interest Income | $98.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$52M |
| Income Tax Expense | $106.0K |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $186.0K |
| EBIT | -$44M |
| EBITDA | -$44M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $381.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16.0K |
| NET CASH FROM FINANCING | $16.0K |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $137M |
| Short-Term Investments | $67M |
| Net Receivables | $19M |
| Inventory | $4M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $242M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $639.0K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $254M |
| Account Payables | $881.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $169M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $132M |
| TOTAL NON-CURRENT LIABILITIES | $311M |
| TOTAL LIABILITIES | $380M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $372.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$126M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$126M |
| TOTAL LIABILITIES & EQUITY | $254M |
| Total Debt | $181M |
| Net Debt | $43M |
