| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $156M | $24M | $44M | 540.2% | 254.2% |
| Op. Income | $51M | -$134M | $32M | 138.1% | 57.7% |
| Gross Margin | 49.3% | -415.7% | 95.0% | 465.0pp | -45.7pp |
| Net Margin | 31.9% | -549.9% | 75.0% | 581.9pp | -43.0pp |
| EPS (Diluted) | $0.54 | $-1.45 | $0.35 | 137.2% | 54.3% |
| Free Cash Flow | $18M | -$28M | -$2M | 162.6% | 1100.0% |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $77M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$50M |
| Operating Expenses | $26M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $106.0K |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $3M |
| EBIT | $51M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $77M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$50M |
| Operating Expenses | $26M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $106.0K |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $3M |
| EBIT | $51M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $566.0K |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$131M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$122M |
| Net Debt Issuance | -$134.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$806.0K |
| NET CASH FROM FINANCING | -$833.0K |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $275M |
| Short-Term Investments | $212M |
| Net Receivables | $44M |
| Inventory | $29M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $573M |
| PP&E (Net) | $124M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $146M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $277M |
| TOTAL ASSETS | $851M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $209M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $162M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $296M |
| TOTAL LIABILITIES | $505M |
| Common Stock | $927.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $326M |
| Minority Interest | $19M |
| TOTAL EQUITY | $345M |
| TOTAL LIABILITIES & EQUITY | $851M |
| Total Debt | $102M |
| Net Debt | -$172M |
