| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $2M | 19.3% | -8.3% |
| Op. Income | -$592.0K | -$507.0K | -$741.0K | -16.8% | 20.1% |
| Gross Margin | 46.1% | 20.0% | 26.5% | 26.2pp | 19.6pp |
| Net Margin | -4.4% | -21.1% | -32.7% | 16.7pp | 28.2pp |
| EPS (Diluted) | $-0.02 | $-0.06 | $-0.14 | 68.4% | 85.7% |
| Free Cash Flow | -$215.0K | -$769.0K | -$659.0K | 72.0% | 67.4% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $775.0K |
| GROSS PROFIT | $664.0K |
| R&D Expenses | $528.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $730.0K |
| Other Expenses | -$2.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$592.0K |
| Interest Income | $0 |
| Interest Expense | $94.0K |
| Other Income/Expenses | $535.0K |
| INCOME BEFORE TAX | -$57.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$57.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$64.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$64.0K |
| D&A | $231.0K |
| EBIT | $37.0K |
| EBITDA | $268.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$64.0K |
| Depreciation & Amortization | $231.0K |
| Stock-Based Compensation | $48.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $248.0K |
| Change in Working Capital | -$664.0K |
| OPERATING CASH FLOW | -$201.0K |
| Capital Expenditure | -$14.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5.0K |
| NET CASH FROM INVESTING | -$9.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$43.0K |
| NET CASH FROM FINANCING | -$43.0K |
| FREE CASH FLOW | -$215.0K |
| Net Change in Cash | -$416.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $4M |
| Other Current Assets | $90.0K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $130.0K |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $169.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $16M |
| Account Payables | $530.0K |
| Short-Term Debt | $5M |
| Deferred Revenue | $500.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $0 |
| Additional Paid-In Capital | $177M |
| Retained Earnings | -$179M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $44.0K |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $10M |
| Net Debt | $8M |
