| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $28M | $18M | 26.6% | 100.6% |
| Op. Income | -$64M | -$53M | -$31M | -21.4% | -110.5% |
| Gross Margin | 33.3% | 35.5% | 42.7% | -2.1pp | -9.4pp |
| Net Margin | -186.0% | -197.2% | -173.6% | 11.2pp | -12.4pp |
| EPS (Diluted) | $-1.08 | $-0.90 | $-0.57 | -20.0% | -89.5% |
| Free Cash Flow | -$41M | -$19M | -$37M | -116.4% | -10.8% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $42M |
| General & Administrative | $20M |
| SG&A Expenses | $62M |
| Other Expenses | $14M |
| Operating Expenses | $76M |
| Cost & Expenses | $100M |
| OPERATING INCOME | -$64M |
| Interest Income | $100.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$64M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$66M |
| D&A | $800.0K |
| EBIT | -$64M |
| EBITDA | -$63M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$66M |
| Depreciation & Amortization | $800.0K |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$743M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$738M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $900.0K |
| NET CASH FROM FINANCING | $900.0K |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | -$773M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $319M |
| Short-Term Investments | $805M |
| Net Receivables | $200M |
| Inventory | $0 |
| Other Current Assets | -$1.5B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $805M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$817M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $1.5B |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$56M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$36M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $474M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$492M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $100.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $0 |
| Net Debt | -$319M |
